Top Ranked Momentum Stocks To Buy For June 13th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 13th:

Forward Air Corporation (FWRD): This asset-light freight company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.7% over the last 60 days.

Forward Air’s shares gained 12.8% over the last three months higher than S&P 500’s gains of 2.4%. The company possesses a Momentum Score of A.

Xenia Hotels & Resorts, Inc. (XHR): This self-administered REIT has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 5% over the last 60 days.

Xenia Hotels & Resorts’ shares gained 18.9% over the last three months. The company possesses a Momentum Score of A.

Southwest Airlines Co. (LUV): This airline company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days.

Southwest Airlines’ shares gained 5.6% over the last three months. The company possesses a Momentum Score of A.

Universal Display Corporation (OLED): This electronics company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 26.8% over the last 60 days.

Universal Display’s shares gained 40.7% over the last three months. 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.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>