Best Momentum Stocks to Buy for August 1st

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 1:

Carvana Co. CVNA: This used car e-commerce company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.9% over the last 60 days.

Carvana Co. Price and Consensus

Carvana Co. price-consensus-chart | Carvana Co. Quote

Carvana’s shares gained 14.3% over the last three months compared with the S&P 500’s advanced of 9.1%. The company possesses a Momentum Score of A.

Carvana Co. Price

Carvana Co. price | Carvana Co. Quote

QCR Holdings, Inc. QCRH: This multi-bank holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

QCR Holdings, Inc. Price and Consensus

QCR Holdings, Inc. price-consensus-chart | QCR Holdings, Inc. Quote

QCR Holdings’ shares gained 34.1% over the last three months compared with the S&P 500’s advanced of 9.1%. The company possesses a Momentum Score of A.

QCR Holdings, Inc. Price

QCR Holdings, Inc. price | QCR Holdings, Inc. Quote

Kiniksa Pharmaceuticals International, plc KNSA: This biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 50% over the last 60 days.

Kiniksa Pharmaceuticals, Ltd. Price and Consensus

Kiniksa Pharmaceuticals, Ltd. price-consensus-chart | Kiniksa Pharmaceuticals, Ltd. Quote

Kiniksa’s shares gained 37.3% over the last three months compared with the S&P 500’s advanced of 9.1%. The company possesses a Momentum Score of A.

Kiniksa Pharmaceuticals, Ltd. Price

Kiniksa Pharmaceuticals, Ltd. price | Kiniksa Pharmaceuticals, Ltd. Quote

See the full list of top ranked stocks here

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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