Best Momentum Stocks to Buy for April 17th

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Best Momentum Stocks to Buy for April 17th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 17:

StoneX Group SNEX: This financial services company, which offer execution, post-trade settlement, clearing and custody services, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.

StoneX Group Inc. Price and Consensus

StoneX Group Inc. Price and Consensus

StoneX Group Inc. price-consensus-chart | StoneX Group Inc. Quote

StoneX Group’s shares gained 44.5% over the last three months compared with the S&P 500’s gain of 1.4%. The company possesses a Momentum Score of A.

StoneX Group Inc. Price

StoneX Group Inc. Price

StoneX Group Inc. price | StoneX Group Inc. Quote

Cboe Global Markets CBOE: This company, which is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.

Cboe Global Markets, Inc. Price and Consensus

Cboe Global Markets, Inc. Price and Consensus

Cboe Global Markets, Inc. price-consensus-chart | Cboe Global Markets, Inc. Quote

Cboe Global Markets’ shares gained 13.4% over the last three months compared with the S&P 500’s gain of 1.4%. The company possesses a Momentum Score of A.

Cboe Global Markets, Inc. Price

Cboe Global Markets, Inc. Price

Cboe Global Markets, Inc. price | Cboe Global Markets, Inc. Quote

Texas Pacific Land TPL: This company, is a landowner principally in the State of Texas, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days.

Texas Pacific Land Corporation Price and Consensus

Texas Pacific Land Corporation Price and Consensus

Texas Pacific Land Corporation price-consensus-chart | Texas Pacific Land Corporation Quote

Texas Pacific Land’s shares gained 26.5% over the past three months compared with the S&P 500’s gain of 1.4%. The company possesses a Momentum Score of B.

Texas Pacific Land Corporation Price

Texas Pacific Land Corporation Price

Texas Pacific Land Corporation price | Texas Pacific Land Corporation Quote

 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

 

Check out this week’s current list of Best Stocks to Buy Now.

 

Learn more about the Momentum score and how it is calculated here.

#1 Semiconductor Stock to Buy (Not NVDA)

The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.

One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.

See This Stock Now for Free >>

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Cboe Global Markets, Inc. (CBOE): Free Stock Analysis Report
 
Texas Pacific Land Corporation (TPL): Free Stock Analysis Report
 
StoneX Group Inc. (SNEX): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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