Top Ranked Momentum Stocks To Buy For August 16th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 16th:

New Age Beverages Corporation (NBEV): This healthy functional beverage company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising more than 100% over the last 60 days.

New Age Beverages’ shares gained 2.5% over the last one month higher than S&P 500’s gain of 0.2%. The company possesses a Momentum Score of A.

Sally Beauty Holdings, Inc. (SBH): This specialty retailer of beauty supplieshas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

Sally Beauty Holdings’ shares gained 1.3% over the last one month. The company possesses a Momentum Score of A.

PDL BioPharma, Inc. (PDLI): This biopharmaceutical companyhas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 100% over the last 60 days.

PDL BioPharma’s shares gained 14.3% over the last one month. The company possesses a Momentum Score of A.

BioTelemetry, Inc. (BEAT): This cardiac monitoring provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

BioTelemetry’s shares gained 6.3% over the last one month. The company possesses a Momentum Score of A.

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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