Three Promising Stocks to Buy with Strong Momentum
Investors seeking opportunities today, March 25th, should consider these three stocks demonstrating strong momentum and a buy rating:
Reddit, Inc. (RDDT)
Reddit, Inc. operates a popular digital community and holds a Zacks Rank #1. Over the past 60 days, the Zacks Consensus Estimate for its current year earnings has seen a significant increase of 73.1%.
Reddit Inc. Price and Consensus
Reddit Inc. price-consensus-chart | Reddit Inc. Quote
Shares of Reddit saw an impressive gain of 87.8% in the last six months, outperforming the S&P 500, which increased by only 0.2%. Reddit holds a Momentum Score of A.
Reddit Inc. Price
Reddit Inc. price | Reddit Inc. Quote
GBank Financial Holdings Inc. (GBFH)
GBank Financial Holdings Inc. operates as the holding company for GBank and also has a Zacks Rank #1. Recently, the Zacks Consensus Estimate for its earnings for the current year rose by 7.1% over the last 60 days.
GBank Financial Holdings Inc. Price and Consensus
GBank Financial Holdings Inc. price-consensus-chart | GBank Financial Holdings Inc. Quote
Over the past three months, GBank’s shares increased by 2.4%, contrasting with the S&P 500’s 4.5% decline. The company has a Momentum Score of B.
GBank Financial Holdings Inc. Price
GBank Financial Holdings Inc. price | GBank Financial Holdings Inc. Quote
Enterprise Financial Services Corp (EFSC)
Enterprise Financial Services Corp serves as the holding company for Enterprise Bank & Trust and enjoys a Zacks Rank #1 as well. The Zacks Consensus Estimate for its current year earnings has climbed by 8.1% during the last 60 days.
Enterprise Financial Services Corporation Price and Consensus
Enterprise Financial Services Corporation price-consensus-chart | Enterprise Financial Services Corporation Quote
In the last six months, shares of Enterprise Financial rose 11%, outperforming the S&P 500’s 0.2% gain. The company has a Momentum Score of B.
Enterprise Financial Services Corporation Price
Enterprise Financial Services Corporation price | Enterprise Financial Services Corporation Quote
For a comprehensive view of top-ranked stocks, see the full list of top rated stocks here.
For further insights on the Momentum score and its calculation, click here.
Top 5 Stocks Expected to Double in Value
Handpicked by Zacks experts, each stock is forecasted to gain +100% or more in 2024. Previous recommendations include stocks that have surged by +143.0%, +175.9%, +498.3%, and +673.0%.
Many of the stocks in this report are currently below Wall Street’s radar, offering an advantageous entry point for investors.
Today, discover these 5 potential home runs >>
Enterprise Financial Services Corporation (EFSC): Free Stock Analysis Report
GBank Financial Holdings Inc. (GBFH): Free Stock Analysis Report
Reddit Inc. (RDDT): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein represent those of the author and do not necessarily reflect those of Nasdaq, Inc.
