Best Momentum Stocks to Buy for March 18th

Written By Michael Gary Scott

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 18:

First Majestic Silver Corp. AG: This mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 76.5% over the last 60 days.

First Majestic Silver Corp. Price and Consensus

First Majestic Silver Corp. Price and Consensus

First Majestic Silver Corp. price-consensus-chart | First Majestic Silver Corp. Quote

First Majestic Silver’s shares gained 30.3% over the last three months compared with the S&P 500’s decline of 1.7%. The company possesses a Momentum Score of A.

First Majestic Silver Corp. Price

First Majestic Silver Corp. Price

First Majestic Silver Corp. price | First Majestic Silver Corp. Quote

BWX Technologies, Inc. BWXT: This nuclear technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.1% over the last 60 days.

BWX Technologies, Inc. Price and Consensus

BWX Technologies, Inc. Price and Consensus

BWX Technologies, Inc. price-consensus-chart | BWX Technologies, Inc. Quote

BWX Technologies’ shares gained 17.7% over the last three months compared with the S&P 500’s decline of 1.7%. The company possesses a Momentum Score of A.

BWX Technologies, Inc. Price

BWX Technologies, Inc. Price

BWX Technologies, Inc. price | BWX Technologies, Inc. Quote

BHP Group Limited BHP: This resources company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

BHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

BHP’s shares gained 21.2% over the last three months compared with the S&P 500’s decline of 1.7%. The company possesses a Momentum Score of B.

BHP Group Limited Sponsored ADR Price

BHP Group Limited Sponsored ADR Price

BHP Group Limited Sponsored ADR price | BHP Group Limited Sponsored ADR Quote

See also  <!DOCTYPE html><html><head><title>Enhanced Security Measures Taken to Combat Rising Data Breaches</title></head><body><h2>Strategic Investments in Cybersecurity Services</h2><p>Amid a relentless surge in data breaches, U.S. enterprises are fortifying their defenses with cutting-edge tools and services, as detailed in the latest research report by Information Services Group (ISG).</p><h2>Escalation of Data Breaches</h2><p>The ISG Provider Lens™ Cybersecurity — Solutions and Services report for the U.S. highlights a notable escalation in data breaches from 2022 to 2023, with healthcare and financial services industries bearing the brunt of these cyber onslaughts. In response, the federal government and states have imposed regulations necessitating companies to bolster their security protocols, further complicating the landscape for enterprise security teams.</p><h2>Rethinking Strategies for Business Resilience</h2><p>Doug Saylors, the partner and co-leader of ISG Cybersecurity, points out that recent threats and sophisticated attack mechanisms have unearthed vulnerabilities in vital infrastructure within U.S. corporations. Consequently, Chief Information Security Officers (CISOs) are reassessing their strategies, prioritizing business resilience in the face of evolving cyber risks.</p><h2>Technological Advancements in Defense</h2><p>While the demand for cybersecurity solutions and services surges, organizations are streamlining their security technology arrays to drive down costs and maximize resource efficiency. Many are turning to AI technologies to aid in data analysis, enabling them to pinpoint vulnerabilities and fortify areas predicted to sustain the most detrimental impact from cyber breaches.</p><h2>Adopting Innovative Security Platforms</h2><p>The report identifies emerging technologies such as quantum computing and passwordless identity access management as rapidly gaining traction. Moreover, on a global scale, platforms like Extended Detection and Response (XDR) and Security Service Edge (SSE) are evolving as indispensable tools for enterprises in combating cyber threats.</p><h2>Transition to Zero Trust Architectures</h2><p>To reduce potential attack surfaces and mitigate the fallout from breaches, many large companies are transitioning from traditional perimeter-based security to Zero Trust Architectures (ZTAs). Implementing ZTAs necessitates a skilled workforce and substantial investments in access controls, identity management, and continual verification.</p><h2>Enhanced Focus on Third-Party Security Risk</h2><p>Enterprises with intricate supply chains are increasingly vulnerable to attacks on third-party vendors linked to their IT infrastructure. To address this risk, they are scrutinizing vendors' security postures and taking proactive measures to manage risks across their supply chains.</p><h2>Resilience Among Small and Medium-Sized Businesses</h2><p>Amidst constrained resources, many small and medium-sized businesses (SMBs) are emphasizing fundamental security practices such as automated patch management and user education. For advanced technologies and expertise beyond their internal IT capabilities, SMBs are turning to managed security services and cloud-based security solutions.</p><h2>Global Cybersecurity Leadership</h2><p>ISG's report recognizes various industry leaders across different cybersecurity quadrants. IBM emerges as a Leader in six quadrants, with Accenture, Deloitte, and TCS following closely as Leaders in four quadrants each. The report also identifies Rising Stars — companies with promising potential — including EY and Persistent Systems.</p><h2>Top Performer in Customer Experience</h2><p>Zensar Technologies secures the title of the global ISG CX Star Performer for 2024 among cybersecurity providers, based on outstanding customer satisfaction scores in ISG's Voice of the Customer survey.</p></body></html><!DOCTYPE html><html><head><title>Insight into the ISG Provider Lens™ Cybersecurity Report</title></head><body>The Illuminating ISG Provider Lens™ Cybersecurity Exploration

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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BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

First Majestic Silver Corp. (AG) : Free Stock Analysis Report

BWX Technologies, Inc. (BWXT) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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