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Best Momentum Stock to Buy for February 5th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 5th:

Cavco Industries CVCO: This company which designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

Cavco Industries, Inc. Price and Consensus

Cavco Industries, Inc. Price and Consensus

Cavco Industries, Inc. price-consensus-chart | Cavco Industries, Inc. Quote

Cavco Industries’ shares gained 12.7% over the last three month compared with the S&P 500’s gain of 4.3%. The company possesses a Momentum Score of A.

Cavco Industries, Inc. Price

Cavco Industries, Inc. Price

Cavco Industries, Inc. price | Cavco Industries, Inc. Quote

Shore Bancshares SHBI: This bank holding company which engages in the business of banking through its two subsidiaries, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.

Shore Bancshares Inc Price and Consensus

Shore Bancshares Inc Price and Consensus

Shore Bancshares Inc price-consensus-chart | Shore Bancshares Inc Quote

Shore Bancshares’ shares gained 10.7% over the last three month compared with the S&P 500’s gain of 4.3%. The company possesses a Momentum Score of A.

Shore Bancshares Inc Price

Shore Bancshares Inc Price

Shore Bancshares Inc price | Shore Bancshares Inc Quote

Flexsteel Industries FLXS: This company which is engaged in the design, manufacture and sale of a broad line of quality upholstered furniture for residential, commercial, and recreational vehicle seating use, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.

Flexsteel Industries, Inc. Price and Consensus

Flexsteel Industries, Inc. Price and Consensus

Flexsteel Industries, Inc. price-consensus-chart | Flexsteel Industries, Inc. Quote

Flexsteel Industries’ shares gained 5.4% over the last three month compared with the S&P 500’s gain of 4.3%. The company possesses a Momentum Score of B.

Flexsteel Industries, Inc. Price

Flexsteel Industries, Inc. Price

Flexsteel Industries, Inc. price | Flexsteel Industries, Inc. Quote

 

See the full list of top ranked stocks here

 

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

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Flexsteel Industries, Inc. (FLXS) : Free Stock Analysis Report

Shore Bancshares Inc (SHBI) : Free Stock Analysis Report

Cavco Industries, Inc. (CVCO) : Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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