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Top Ranked Momentum Stocks To Buy For April 8th

Published 04/08/2019, 08:37 AM
Updated 07/09/2023, 06:31 AM
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, April 8th:

Acacia Communications, Inc. (ACIA): This developer and manufacturer of high-speed coherent optical interconnect products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days.

Acacia Communications, Inc. Price and Consensus

Acacia's shares gained 12% over the last one month more than S&P 500’s gain of 5.5%. The company possesses a Momentum Score of B.

Acacia Communications, Inc. Price

Sanderson Farms, Inc. (SAFM): This integrated poultry processing company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Sanderson Farms, Inc. Price and Consensus

Sanderson Farms' shares gained 6.9% over the last one month. The company possesses a Momentum Score of B.

Sanderson Farms, Inc. Price

Arbutus Biopharma Corporation (ABUS): This biopharmaceutical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.3% over the last 60 days.

Arbutus Biopharma Corporation Price and Consensus

Arbutus Biopharma's shares gained 18.9% over the last one month. The company possesses a Momentum Score of B.

Arbutus Biopharma Corporation Price

Automatic Data Processing, Inc. (ADP (NASDAQ:ADP)): This provider of business process outsourcing services has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

Automatic Data Processing, Inc. Price and Consensus

Automatic Data Processing's shares gained 7.4% over the last one month. The company possesses a Momentum Score of B.

Automatic Data Processing, Inc. Price

See the full list of top ranked stocks here

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

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Sanderson Farms, Inc. (SAFM): Free Stock Analysis Report

Automatic Data Processing, Inc. (ADP): Free Stock Analysis Report

Acacia Communications, Inc. (ACIA): Free Stock Analysis Report

Arbutus Biopharma Corporation (ABUS): Free Stock Analysis Report

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