Investors looking for that spark in their portfolio may find solace in the world of momentum stocks. Here are three contenders worth considering:
Structure Therapeutics Inc.: Riding the Biopharma Wave
Structure Therapeutics Inc., with its Zacks Rank #1, is making waves in the biopharmaceutical scene. Their current year earnings estimate has seen an 8.1% increase over the past 60 days, showcasing strong growth potential.
Structure Therapeutics Inc. Stock Performance
Structure Therapeutics Inc.’s shares have outpaced the S&P 500, demonstrating a robust 8.7% gain over the last three months. With a Momentum Score of B, the company is poised for further ascent.
Rush Enterprises Inc.: Driving Forward in Commercial Vehicles
Rush Enterprises Inc., boasting a Zacks Rank #1, is revving up its integrated commercial vehicle dealership business. The company has seen a 4.9% surge in current year earnings estimates over the past 60 days.
Rush Enterprises Inc. Stock Performance
Rush Enterprises Inc.’s stock has been on the move, showcasing an 11.0% climb in the last three months, surpassing the S&P 500’s performance. With a Momentum Score of B, this company is on the fast track to success.
Natera Inc.: Diagnostics in the Limelight
Natera Inc., holding a Zacks Rank #1, is making waves in the diagnostics sector. Their current year earnings estimate has seen a notable increase of 3.5% over the past 60 days.
Natera Inc. Stock Performance
Natera Inc.’s shares have soared by 13.0% in the last three months, outperforming the S&P 500. With a Momentum Score of B, this company is set to continue its upward trajectory.
For a comprehensive list of top-ranked stocks and to delve into the Momentum score calculation, investors can explore further here.
The Quest for that Potential Doubling Stock
Ever wondered which stock in the field could double? Our experts have identified 5 stocks with the potential to gain +100% or more in the near future. Among them, a particular stock stands out, poised to soar to new heights. This stock, akin to a thriving financial powerhouse with a rapidly expanding clientele base and innovative solutions, shows promise for substantial growth. While not all elite picks hit the mark, this one could surpass previous stars on the Zacks’ stage, such as Nano-X Imaging, which surged +129.6% in just over 9 months.
Seeking more insight from Zacks Investment Research? Dive into 5 Stocks Set to Double here.