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Top Ranked Momentum Stocks To Buy For March 2nd

Published 03/01/2020, 08:30 PM
Updated 07/09/2023, 06:31 AM

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 2nd:

Co-Diagnostics, Inc. (CODX): This molecular diagnostics company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.2% over the last 60 days.

Co-Diagnostics, Inc. Price and Consensus

Co-Diagnostics' shares gained more than 100% over the last one month compared to S&P 500’s fall of 9.1%. The company possesses a Momentum Score of A.

Co-Diagnostics, Inc. Price

Stamps.com Inc. (STMP): This provider of Internet-based mailing and shipping solutions has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.2% over the last 60 days.

Stamps.com Inc. Price and Consensus

Stamps.com’s shares gained 92.8% over the last one month. The company possesses a Momentum Score of A.

Stamps.com Inc. Price

SolarEdge Technologies, Inc. (SEDG): This designer and developer of direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.6% over the last 60 days.

SolarEdge Technologies, Inc. Price and Consensus

SolarEdge’s shares gained 23.5% over the last one month. The company possesses a Momentum Score of B.

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SolarEdge Technologies, 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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Stamps.com Inc. (STMP): Free Stock Analysis Report

SolarEdge Technologies, Inc. (SEDG): Free Stock Analysis Report

Co-Diagnostics, Inc. (CODX): Free Stock Analysis Report

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