Exploring Top Momentum Stocks for June 4th Diving into Prime Momentum Selections

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By Ronald Tech

As investors set sail into the ever-changing waters of the stock market, there are three vessels that stand out with their impressive momentum characteristics, poised to ride the waves for the day of June 4th.

Camtek Ltd. CAMT: This semiconductor equipment company shines with a Zacks Rank #1, showcasing a remarkable 9.7% increase in the Zacks Consensus Estimate for its current-year earnings over the past 60 days.

Camtek Ltd. Price and Market Consensus

Camtek’s stock surged by 27.9% in the last three months as opposed to the S&P 500’s meager 0.1% uptick. With a Momentum Score of A, the company is certainly making waves.

Camtek Ltd. Pricing Trends

Haemonetics Corporation HAE: This healthcare entity joins the ranks with a Zacks Rank #1 and an impressive 7.3% surge in the Zacks Consensus Estimate for its current-year earnings in the past 60 days.

Haemonetics Corporation Price and Market Consensus

Haemonetics saw its shares rise by 11.1% in the previous three months, outperforming the S&P 500’s 0.1% advance. Boasting a Momentum Score of A, this healthcare player is showing its might.

Haemonetics Corporation Pricing Trends

Navios Maritime Partners L.P. NMM: This dry bulk shipping enterprise anchors itself with a Zacks Rank #1 and a respectable 5.3% increase in the Zacks Consensus Estimate for its current-year earnings over the past 60 days.

Navios Maritime Partners LP Price and Market Consensus

Navios Maritime Partners steamed ahead with a striking 47.5% rise in share value over the last three months, leaving the S&P 500’s minimal growth of 0.1% in its wake. Fortified with a Momentum Score of B, this maritime gem certainly has wind in its sails.

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Navios Maritime Partners LP Pricing Trends

For a comprehensive list of the top-ranked stocks, consider exploring the full list here.

Delve deeper into the Momentum score and its calculative principles here.

5 Stocks Set to Double

Handpicked by Zacks experts, each of these stocks is projected to surge by +100% or more in 2024. While not all recommendations may hit the jackpot, previous suggestions have skyrocketed by remarkable margins such as +143.0%, +175.9%, +498.3%, and +673.0%.

Most of the stocks highlighted in this report are currently under the Wall Street radar, offering a promising entry point for investors.

Today, Discover These 5 Potential Home Runs >>

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To broaden your scope on these momentum stocks, access the complete article on Zacks.com here.

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