Unraveling the Top Momentum Stocks to Consider

Written By Michael Gary Scott

When it comes to the stock market, momentum is a defining factor for investors seeking lucrative opportunities. Let’s delve into three robust stocks that have caught the eye of astute investors on this auspicious day, July 22nd.

TDK Corporation: Riding the Waves of Success

TDK Corporation (TTDKY) has catapulted into the spotlight with its stellar performance. Boasting a Zacks Rank #1, this electronic component company has seen a remarkable 7.8% surge in the Zacks Consensus Estimate for its current year earnings in the last 60 days.

Embracing Growth and Prosperity

TDK’s stocks have soared by a remarkable 44.9% in the past three months, significantly outpacing the S&P 500’s growth of 8.7%. The company’s Momentum Score of A further underscores its promising trajectory.

Harboring Hope: The Saga of Hagerty, Inc.

Hagerty, Inc. (HGTY) has etched its narrative in the fabric of success. Securing a Zacks Rank #1, this insurance agency has witnessed a notable 9.5% upsurge in the Zacks Consensus Estimate for its current year earnings over the last 60 days.

A Journey to Prosperity

Hagerty’s stocks have ascended by an impressive 23.5% in the past three months, surpassing the S&P 500’s growth by a significant margin. With a Momentum Score of A, the company is poised for continued success.

Greenland Technologies Holding Corporation: Navigating the Winds of Change

Greenland Technologies Holding Corporation (GTEC), a leading component manufacturer for material handling industries, has emerged as a beacon of hope. With a Zacks Rank #1, the company has witnessed an impressive 18.2% surge in the Zacks Consensus Estimate for its next year earnings over the last 60 days.

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Riding the Crest of Growth

Greenland Technologies’ stocks have surged by 21.6% in the last month, showcasing robust performance compared to the S&P 500’s modest advancement. Bolstered by a Momentum Score of A, the company stands tall amidst changing tides.

Explore the full list of top ranked stocks here to unearth more potential opportunities. Additionally, understand the intricacies of the Momentum score and how it is calculated here to make informed investment decisions.

Embark on this journey of financial exploration and seize the moment – for opportunities in the stock market are akin to elusive gems waiting to be discovered and prized.