In today’s volatile market, investors seek refuge in momentum stocks exhibiting robust growth potential. Here are three top picks for consideration on July 30:
Spotify Technology S.A.
SPOT: A leading audio streaming company, Spotify Technology S.A. boasts a Zacks Rank #1. Over the last 60 days, the Zacks Consensus Estimate for its current year earnings has surged by 19.3%.
Spotify Technology Price and Consensus
Spotify’s stock rallied 13.8% in the past three months, outperforming the S&P 500. The company holds a stellar Momentum Score of A.
Spotify Technology Price
Explore Spotify’s latest price trends and performance indicators here.
Newmont Corporation
NEM: A prominent gold mining firm, Newmont Corporation secures a Zacks Rank #1. Notably, the company has witnessed a 12.7% surge in the Zacks Consensus Estimate for its current year earnings over the last 60 days.
Newmont Corporation Price and Consensus
Newmont’s stock soared 16.6% in the last quarter, surpassing the S&P 500’s growth. With a Momentum Score of A, the company remains an enticing option for investors.
Newmont Corporation Price
Track Newmont Corporation’s pricing details and fundamental data here.
KKR Real Estate Finance Trust Inc.
KREF: KKR Real Estate Finance Trust functions as a real estate investment trust with a Zacks Rank #1. The firm’s Zacks Consensus Estimate for current year earnings has risen by 10.5% in the last 60 days.
KKR Real Estate Finance Trust Price and Consensus
KKR Real Estate Finance Trust’s stock escalated by 17.5% in the previous quarter, surpassing the S&P 500’s growth rate. Boasting a Momentum Score of A, the company presents a compelling opportunity to savvy investors.
KKR Real Estate Finance Trust Price
Delve into the pricing trajectory and consensus data of KKR Real Estate Finance Trust here.
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To gain insights into how the Momentum Score is computed, visit here.
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