Unveiling Top Momentum Stocks of August 20th for Savvy Investors

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By Ronald Tech

In the realm of stock market picks for August 20th, behold these three gems gleaming with promise and momentum:

Marex Group plc MRX: An aspirant financial services platform that has ascended to Zacks Rank #1, experiencing a 23.9% upsurge in Zacks Consensus Estimate for the current year earnings over the past 60 days.

Charting the Trajectory of Marex Group PLC

Marex Group has seen a commendable 12.6% spike in its shares over the last quarter, triumphing over S&P 500’s meager 5.4% rise. With a coveted Momentum Score of A, Marex Group is riding the waves of success.

Marex Group PLC Price Performance

SharkNinja, Inc. SN: A beacon in the world of product design and technology, bearing the esteemed Zacks Rank #1 badge with a substantial 10.5% growth in Zacks Consensus Estimate for the current year earnings during the past 60 days.

SharkNinja, Inc. Price Trends

SharkNinja’s stock has soared by a noteworthy 16.7% in the preceding three months, eclipsing S&P 500’s 5.3% rise. Bolstered by a Momentum Score of B, SharkNinja has navigated the market tides with finesse.

ZIM Integrated Shipping Services Ltd. ZIM: A stalwart in the logistics domain, ZIM bears the Zacks Rank #1 crown, observing an astronomical 233% surge in Zacks Consensus Estimate for the current year earnings over the past 60 days.

Performance Analysis of ZIM Integrated Shipping Services Ltd.

ZIM Integrated Shipping Services has charted an impressive 22% upswing in its shares during the last three months, outshining S&P 500’s 5.3% progress. Boasting a Momentum Score of B, ZIM Integrated Shipping Services sails confidently in the sea of commerce.

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For a comprehensive overview of top-ranked stocks, peruse the full list here.

Keen on understanding the concept of Momentum score and its intricate calculations? Delve deeper here.

Unearthing the “Single Best Pick to Double” by Research Chief

Among thousands of equities, five astute Zacks experts have handpicked their favorites anticipated to surge by +100% or more in the ensuing months. From this select cohort, Director of Research Sheraz Mian has identified a singular candidate poised for exponential growth.

This burgeoning company caters to millennial and Gen Z cohorts, amassing a staggering $1 billion in revenue in just the previous quarter. A recent retreat signals an opportune moment to come aboard. Although every elite selection may not pan out, this particular gem could potentially outshine past Zacks’ Stocks Set to Double like Nano-X Imaging, which skyrocketed by a remarkable +129.6% in a scant nine months.

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Marex Group PLC (MRX) : Free Stock Analysis Report

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