Best Momentum Stock to Buy for July 9th

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By Ronald Tech

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 9th:

Qifu Technology, Inc. QFIN: This Credit-Tech platform principally in China which provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

Qifu Technology, Inc. Price and Consensus

Qifu Technology, Inc. Price and Consensus

Qifu Technology, Inc. price-consensus-chart | Qifu Technology, Inc. Quote

Qifu Technology’s shares gained 22.8% over the last three month compared with the S&P 500’s gain of 14.2%. The company possesses a Momentum Score of A.

Qifu Technology, Inc. Price

Qifu Technology, Inc. Price

Qifu Technology, Inc. price | Qifu Technology, Inc. Quote

Advantest ATEYY: This company which is one of the world’s leading automatic test equipment suppliers to the semiconductor industry, and is also a producer of electronic and optoelectronic instruments and systems, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.5% over the last 60 days.

Advantest Corp. Price and Consensus

Advantest Corp. Price and Consensus

Advantest Corp. price-consensus-chart | Advantest Corp. Quote

Advantest’s shares gained 81.9% over the last three month compared with the S&P 500’s gain of 14.2%. The company possesses a Momentum Score of A.

Advantest Corp. Price

Advantest Corp. Price

Advantest Corp. price | Advantest Corp. Quote

OP Bancorp OPBK: This banking and financial services company which provides commercial banking services to retail and institutional customers, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

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OP Bancorp Price and Consensus

OP Bancorp Price and Consensus

OP Bancorp price-consensus-chart | OP Bancorp Quote

OP Bancorp’s shares gained 21.7% over the last three month compared with the S&P 500’s gain of 14.2%. The company possesses a Momentum Score of A.

OP Bancorp Price

OP Bancorp Price

OP Bancorp price | OP Bancorp Quote

 

See the full list of top ranked stocks here

 

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 the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.

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.

Today, See These 5 Potential Home Runs >>

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Advantest Corp. (ATEYY) : Free Stock Analysis Report

OP Bancorp (OPBK) : Free Stock Analysis Report

Qifu Technology, Inc. (QFIN) : Free Stock Analysis Report

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

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