Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 3:
Lam Research CorporationLRCX: This company that manufactures and services semiconductor equipments has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 15% over the last 60 days.
Lam Research Corporation Price and Consensus
Lam Research Corporation price-consensus-chart | Lam Research Corporation Quote
Lam Research's shares gained 13.3% over the last three months compared with the S&P 500's advance of 4%. The company possesses a Momentum Score of A.
Lam Research Corporation Price
Lam Research Corporation price | Lam Research Corporation Quote
Vertiv Holdings CoVRT: This critical digital infrastructure technologies company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.
Vertiv Holdings Co. Price and Consensus
Vertiv Holdings Co. price-consensus-chart | Vertiv Holdings Co. Quote
Vertiv's shares gained 32.2% over the last six months compared with the S&P 500's advance of 8.8%. The company possesses a Momentum Score of A.
Vertiv Holdings Co. Price
Vertiv Holdings Co. price | Vertiv Holdings Co. Quote
Merchants Bancorp MBIN: This bank holding company that operates through mortgage banking, mortgage warehousing, and regular banking has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.
Merchants Bancorp Price and Consensus
Merchants Bancorp price-consensus-chart | Merchants Bancorp Quote
Merchants' shares gained 20.1% over the last three months compared with the S&P 500's advance of 4%. The company possesses a Momentum Score of B.
Merchants Bancorp Price
Merchants Bancorp price | Merchants Bancorp Quote
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Learn more about the Momentum score and how it is calculated here.
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Lam Research Corporation (LRCX) : Free Stock Analysis Report
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Vertiv Holdings Co. (VRT) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
