When it comes to momentum stocks, we all find ourselves vying to jump on the bandwagon of burgeoning market trends, looking to these stocks as the proverbial golden geese that can lead us to financial prosperity.
ADMA Biologics Inc
Within the biopharmaceutical landscape, the spotlight is firmly fixed upon ADMA Biologics Inc. Its Zacks Rank #1 and a Zacks Consensus Estimate for its current year earnings that surged by 33.3% over the last 60 days make it a standout contender.
ADMA Biologics Inc Price and Consensus
ADMA Biologics Inc’s shares have experienced a stellar 66.2% surge over the last three months, outperforming the S&P 500’s more modest 15.5% gain. Not to mention, the company boasts an impressive Momentum Score of B, amplifying its allure.
ADMA Biologics Inc Price
Next in the race is Canadian Imperial Bank of Commerce. With a Zacks Rank #1 and a noteworthy 8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, this financial juggernaut is undeniably a force to be reckoned with.
Canadian Imperial Bank of Commerce Price and Consensus
Canadian Imperial Bank of Commerce has flexed its muscles with a formidable 29.5% surge in shares over the last three months, a feat that leaves the S&P 500’s 15.5% growth in its wake. Moreover, the company can boast of its own Momentum Score of B.
Canadian Imperial Bank of Commerce Price
Lastly, we have Turtle Beach Corporation, a company in the audio technology sphere that is making all the right noise with a Zacks Rank #1 and an impressive 40% surge in the Zacks Consensus Estimate for its next year earnings over the last 60 days.
Turtle Beach Corporation Price and Consensus
Turtle Beach Corporation’s shares have seen an admirable upswing of 45.1% over the last three months, eclipsing the S&P 500’s gain of 15.5%. The company also proudly flaunts its own Momentum Score of B.
Turtle Beach Corporation Price
These momentum stocks are just the tip of the iceberg. To peruse the full lineup of top-ranked stocks, just follow the link here.
Additionally, investors can learn more about the fascinating dynamics of the Momentum score and how it is calculated here.
For anyone looking for the latest recommendations from Zacks Investment Research, the opportunity to download the 7 Best Stocks for the Next 30 Days is now available here.
Rounding up our comprehensive analysis, Canadian Imperial Bank of Commerce (CM) enthusiasts can access a comprehensive Free Stock Analysis Report here. Similarly, ADMA Biologics Inc (ADMA) and Turtle Beach Corporation (HEAR) loyalists can find their respective Free Stock Analysis Reports here and here.
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As always, stay faithfully informed and tuned in to the financial cosmos with Zacks Investment Research.