Top Momentum Stocks to Watch Best Momentum Stocks to Buy for February 9th

Photo of author

By Ronald Tech

Three stocks are making waves in the market. These bright stars with a buy rank and robust momentum characteristics are catching the eye of investors. Here’s what they’re up to:

M.D.C. Holdings, Inc. MDC: Known for its contributions to the homebuilding and financial service businesses, M.D.C. Holdings proudly carries a Zacks Rank #1. On top of that, its Zacks Consensus Estimate for its current year earnings has surged 2.6% over the last 60 days.

Financial Fortitude

M.D.C. Holdings has seen its shares skyrocket 48.2% over the last three months, a spectacular performance compared to the S&P 500’s 12.7% advance. The company boasts a Momentum Score of A, reflecting its undeniable strength in the market.

M.D.C. Holdings’ Momentum

Price is often the most potent testament, and M.D.C. Holdings’ price graph speaks volumes. Strong and steady, it’s a sight to behold.

Turtle Beach Corporation HEAR: The audio technology guru, Turtle Beach Corporation, holds a Zacks Rank #1 and has witnessed its Zacks Consensus Estimate for next year’s earnings soar by 40% over the last 60 days.

Hear That Momentum Roar

Turtle Beach Corporation’s shares have gained a notable 16.9% over the last three months, outperforming the S&P 500’s 12.7% advance. The company possesses a Momentum Score of B, cementing its status as a formidable force in the market.

Turtle Beach Corporation’s Sound Waves

Check out the epic trajectory of Turtle Beach Corporation’s price, a testament to its remarkable performance.

H&R Block, Inc. HRB: This valued tax preparation service provider is the proud bearer of a Zacks Rank #1, with the Zacks Consensus Estimate for its current year earnings seeing a commendable uptick of 0.5% over the last 60 days.

See also  Alaska Air Incident Prompts Grounding of Boeing 737 Max 9s

Taxing the Competition

H&R Block’s shares have surged an impressive 28.3% over the last six months, overshadowing the S&P 500’s 11.4% advance. The company boasts a Momentum Score of B, highlighting its strong performance in the market.

H&R Block’s Financial Finesse

Witness firsthand the powerful journey of H&R Block’s price, representing its commanding presence in the market.

For a complete list of top ranked stocks, investors are encouraged to explore the entire array. Understanding the Momentum score and how it’s calculated is also key to making informed investment choices.

As you take it all in, you may wonder about the future look of these top-ranked stocks. Will they climb to even greater heights, delivering dazzling returns like their predecessors? The potential is palpable; after all, most of these stocks are currently flying below Wall Street’s radar. A ground-floor entry presents an enticing opportunity.

As the market continues to churn out surprises, the allure of these momentum stocks is undeniable. Will these picks deliver as projected, or will they falter under the weight of expectations? Only time will tell, and investors are watching with bated breath.

Before making any investment decisions, ensure that thorough analysis has been conducted, and you have a good understanding of the market landscape. The potential of these momentum stocks is great, but as always, investors should exercise caution and prudence in navigating the ever-shifting waters of the stock market.

See the full list of top-ranked stocks here

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

Zacks Investment Research