Best Momentum Stock to Buy for August 15th

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By Ronald Tech

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 15th:

Everus Construction Group, Inc. ECG: This company which provides a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Everus Construction Group, Inc. Price and Consensus

Everus Construction Group, Inc. Price and Consensus

Everus Construction Group, Inc. price-consensus-chart | Everus Construction Group, Inc. Quote

Everus Construction’s shares gained 23% over the last three month compared with the S&P 500’s gain of 9.3%. The company possesses a Momentum Score of A.

Everus Construction Group, Inc. Price

Everus Construction Group, Inc. Price

Everus Construction Group, Inc. price | Everus Construction Group, Inc. Quote

nVent Electric NVT: This company which is a provider of electrical connection and protection solutions which design, manufacture, market, install and service that connect and protect equipment, buildings and critical processes, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

nVent Electric PLC Price and Consensus

nVent Electric PLC Price and Consensus

nVent Electric PLC price-consensus-chart | nVent Electric PLC Quote

nVent Electric’s shares gained 34.7% over the last three month compared with the S&P 500’s gain of 9.3%. The company possesses a Momentum Score of B.

nVent Electric PLC Price

nVent Electric PLC Price

nVent Electric PLC price | nVent Electric PLC Quote

Harrow, Inc. HROW: This eyecare pharmaceutical company which is engaged in the discovery, development, and commercialization of innovative ophthalmic pharmaceutical products principally for the U.S. market, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 47.4% over the last 60 days.

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Harrow, Inc. Price and Consensus

Harrow, Inc. Price and Consensus

Harrow, Inc. price-consensus-chart | Harrow, Inc. Quote

Harrow’s shares gained 56.2% over the last three month compared with the S&P 500’s gain of 9.3%. The company possesses a Momentum Score of B.

Harrow, Inc. Price

Harrow, Inc. Price

Harrow, Inc. price | Harrow, Inc. Quote

 

See the full list of top ranked stocks here

 

Learn more about the Momentum score and how it is calculated here.

Zacks Names #1 Semiconductor Stock

This under-the-radar company specializes in semiconductor products that titans like NVIDIA don’t build. It’s uniquely positioned to take advantage of the next growth stage of this market. And it’s just beginning to enter the spotlight, which is exactly where you want to be.

With strong earnings growth and an expanding customer base, it’s positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.

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nVent Electric PLC (NVT) : Free Stock Analysis Report

Harrow, Inc. (HROW) : Free Stock Analysis Report

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

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