Top-Ranked Stocks with Strong Momentum for February 9

Written By Michael Gary Scott

Investors seeking to ride the wave of momentum may have a keen interest in the following three stocks:

M.D.C. Holdings, Inc.

M.D.C. Holdings, Inc., a company deeply entrenched in the homebuilding and financial service sectors, has ascended to a Zacks Rank #1. Over the past 60 days, the firm has seen a 2.6% rise in the Zacks Consensus Estimate for current year earnings. The stock has surged by an impressive 48.2% over the last quarter, far outpacing the S&P 500’s more modest 12.7% climb. M.D.C. Holdings boasts a stellar ‘A’ Momentum Score.

M.D.C. Holdings, Inc. Price and Consensus

M.D.C. Holdings, Inc. Price and Consensus

M.D.C. Holdings, Inc. price-consensus-chart | M.D.C. Holdings, Inc. Quote

M.D.C. Holdings, Inc. Price

M.D.C. Holdings, Inc. Price

M.D.C. Holdings, Inc. price | M.D.C. Holdings, Inc. Quote

Turtle Beach Corporation

Turtle Beach Corporation, a stalwart in the audio technology domain, has also clinched a Zacks Rank #1. Notably, the firm has witnessed a substantial 40% surge in the Zacks Consensus Estimate for next year earnings over the last 60 days. The stock has rallied by 16.9% over the previous three months, in tandem with a 12.7% leap by the S&P 500. The company flaunts a solid Momentum Score of ‘B’.

Turtle Beach Corporation Price and Consensus

Turtle Beach Corporation Price and Consensus

Turtle Beach Corporation price-consensus-chart | Turtle Beach Corporation Quote

Turtle Beach Corporation Price

Turtle Beach Corporation Price

Turtle Beach Corporation price | Turtle Beach Corporation Quote

H&R Block, Inc.

H&R Block, Inc., a notable player in the tax preparation service realm, has achieved a Zacks Rank #1. The company has witnessed a 0.5% surge in the Zacks Consensus Estimate for current year earnings over the past 60 days. Impressively, the stock has surged by a remarkable 28.3% over the last six months, overshadowing the S&P 500’s more modest 11.4% climb. The firm showcases a commendable Momentum Score of ‘B’.

See also  Microsoft Surpasses Expectations With Record-Setting Cloud Revenues

H&R Block, Inc. Price and Consensus

H&R Block, Inc. Price and Consensus

H&R Block, Inc. price-consensus-chart | H&R Block, Inc. Quote

H&R Block, Inc. Price

H&R Block, Inc. Price

H&R Block, Inc. price | H&R Block, Inc. Quote

For a comprehensive roster of top-ranked stocks, click here. Delve into the intricacies of the Momentum Score and its calculation.

5 Stocks Set to Double

Each has been handpicked by a Zacks expert as the number one favorite stock to achieve an astounding +100% or more in 2023. Past recommendations have witnessed extraordinary gains of +143.0%, +175.9%, +498.3%, and +673.0%. Most of the stocks featured in this report are flying under the Wall Street radar, rendering an exceptional opportunity to sow the seeds of investment prosperity.

Today, See These 5 Potential Home Runs >>

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

To read this article on Zacks.com click here.

Zacks Investment Research