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Top Ranked Momentum Stocks to Buy for August 12th

Published 08/12/2021, 12:10 AM
Updated 07/09/2023, 06:31 AM

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 12th:

Veritiv (NYSE:VRTV) Corporation VRTV: This business-to-business provider of value-added packaging products and services has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 45.6% over the last 60 days.

Veritiv Corp’s shares gained 47.3% over the last one month compared with the S&P 500’s growth of 2%. The company possesses a Momentum Score of A.

GreenSky, Inc. GSKY: This technology company that enables promotional financing at the point of sale has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 82.4% over the last 60 days.

GreenSky, Inc. Price and Consensus

GreenSky, Inc. price-consensus-chart | GreenSky, Inc. Quote

GreenSky’s shares gained 42.4% over the last one month. The company possesses a Momentum Score of A.

Tecnoglass (NASDAQ:TGLS) Inc. TGLS: This manufacturer, supplier, and install provider of architectural glass, windows, and associated aluminum products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.

Tecnoglass’ shares gained 21.4% over the last one month. The company possesses a Momentum Score of B.

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Hanmi Financial (NASDAQ:HAFC) Corporation HAFC: This provider of business banking products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.8% over the last 60 days.

Hanmi Financial’s shares gained 7.8% over the last one month. The company possesses a Momentum Score of B.

See the full list of top ranked stocks here

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


Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix (NASDAQ:NFLX) did to Blockbuster and Amazon (NASDAQ:AMZN) did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Hanmi Financial Corporation (HAFC): Free Stock Analysis Report

Veritiv Corporation (VRTV): Free Stock Analysis Report

Tecnoglass Inc. (TGLS): Free Stock Analysis Report

GreenSky, Inc. (GSKY): Free Stock Analysis Report

To read this article on Zacks.com click here.

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