Best Momentum Stocks to Buy for April 14th

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By Ronald Tech

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 14th:

Michelin MGDDY: This tire manufacturer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.5% over the last 60 days.

Michelin Price and Consensus

Michelin Price and Consensus

Michelin price-consensus-chart | Michelin Quote

Michelin’s shares gained 0.8% over the last three months compared with the S&P 500’s decline of 9.9%. The company possesses a Momentum Score of A.

Michelin Price

Michelin Price

Michelin price | Michelin Quote

Allianz SE ALIZY: This insurance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

Allianz SE Price and Consensus

Allianz SE Price and Consensus

Allianz SE price-consensus-chart | Allianz SE Quote

Allianz’s shares gained 21.5% over the last three months compared with the S&P 500’s decline of 9.9%. The company possesses a Momentum Score of B.

Allianz SE Price

Allianz SE Price

Allianz SE price | Allianz SE Quote

Engie SA ENGIY: This energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.

ENGIE – Sponsored ADR Price and Consensus

ENGIE - Sponsored ADR Price and Consensus

ENGIE – Sponsored ADR price-consensus-chart | ENGIE – Sponsored ADR Quote

Engie’s shares gained 26.8% over the last three months compared with the S&P 500’s decline of 9.9%. The company possesses a Momentum Score of A.

ENGIE – Sponsored ADR Price

ENGIE - Sponsored ADR Price

ENGIE – Sponsored ADR price | ENGIE – Sponsored ADR Quote

 

See the full list of top ranked stocks here

 

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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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Michelin (MGDDY) : Free Stock Analysis Report

ENGIE – Sponsored ADR (ENGIY) : Free Stock Analysis Report

Allianz SE (ALIZY) : Free Stock Analysis Report

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

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