Top Ranked Momentum Stocks To Buy For September 7th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, September 7th:

Schnitzer Steel Industries, Inc. (SCHN): This steel company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 14.6% over the last 60 days.

Schnitzer Steel Industries’ shares gained 4.5% over the last one month in contrast to S&P 500’s loss of 0.5%. The company possesses a Momentum Score of A.

The Chefs' Warehouse, Inc. (CHEF): This specialty food products distributor has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Chefs' Warehouse’s shares gained 18.6% over the last one month. The company possesses a Momentum Score of A.

China Automotive Systems, Inc. (CAAS): This automobile company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 19.4% over the last 60 days.

China Automotive Systems’ shares gained 16.5% over the last one month. The company possesses a Momentum Score of A.

Welbilt, Inc. (WBT): This commercial foodservice equipment manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.

Welbilt’s shares gained 2.8% 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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