Today, on February 20th, there are two sizzling stocks that should definitely be on your radar. Shopify and Tradeweb Markets have been flashing some serious momentum lately and are carrying a strong buy rank. Let’s dive into the details:
Shopify – A Look at the Numbers
Shopify Inc., the game-changing cloud-based commerce platform provider for small and medium-sized businesses, is rocking a Zacks Rank #1 (Strong Buy). In the last 60 days, the Zacks Consensus Estimate for its current year earnings has surged by 1.9%, which is a clear sign of strength. As if that’s not convincing enough, Shopify’s shares have skyrocketed by 50.7% over the past six months, leaving the S&P 500’s gain of 14.1% trailing far behind. Moreover, the company boasts a stellar Momentum Score of A.
Tradeweb Markets – Riding the Momentum Wave
Moving on to Tradeweb Markets, the provider of market access, data and analytics, electronic trading, and more, the story is just as compelling. The company also holds a Zacks Rank #1 and has witnessed a noteworthy 4.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days. Not to forget, Tradeweb Markets’ shares have surged by an impressive 20.7% over the last six months, backed by a solid B-rating on the Momentum Score front.
If you want more information about the top-ranked stocks or wish to learn about the momentum score and its calculation, check out the details here.
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If you want the latest recommendations from Zacks Investment Research, then download the free report containing 7 Best Stocks for the Next 30 Days here.
Find the free Stock Analysis Report for Tradeweb Markets Inc. (TW) here.
Get the free Stock Analysis Report for Shopify Inc. (SHOP) here.
Read the full article on Zacks.com here.
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Please note that the views and opinions expressed are those of the author and do not necessarily reflect the official policy or position of Nasdaq, Inc.
