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Investor Alert: Two High-Momentum Stocks to Watch Investor Alert: Two High-Momentum Stocks to Watch

Investors should take a close look at two stocks with strong momentum characteristics and a buy rank.

ADMA Biologics, Inc. ADMA is a biopharmaceutical company with a Zacks Rank #1. The Zacks Consensus Estimate for its current year earnings has surged 33.3% over the last 60 days.

ADMA Biologics Inc: Momentum in Action

ADMA Biologics Inc Price and Consensus

ADMA Biologics Inc price-consensus-chart | ADMA Biologics Inc Quote

ADMA’s shares have outperformed the S&P 500, gaining 55.5% over the last three months. The company boasts a Momentum Score  of A.

ADMA Biologics Inc: Riding the Price Wave

ADMA Biologics Inc Price

ADMA Biologics Inc price | ADMA Biologics Inc Quote

 

Arcutis Biotherapeutics, Inc. ARQT is another biopharmaceutical company with a Zacks Rank #1. It has seen the Zacks Consensus Estimate for its current year earnings rise by 10.4% over the last 60 days.

Arcutis Biotherapeutics Inc: Surging Ahead

Arcutis Biotherapeutics, Inc. Price and Consensus

Arcutis Biotherapeutics, Inc. price-consensus-chart | Arcutis Biotherapeutics, Inc. Quote

Arcutis has outperformed the S&P 500 by gaining 101% over the last month. With a Momentum Score of A, the company is clearly on the fast track.

Arcutis Biotherapeutics Inc: Navigating the Market Currents

Arcutis Biotherapeutics, Inc. Price

Arcutis Biotherapeutics, Inc. price | Arcutis Biotherapeutics, Inc. Quote

For a comprehensive list of high-ranked stocks, view the full list here

Dig deeper into the Momentum score methodology here.

(We are reissuing this article to correct a mistake. The original article, issued on January 11, 2024, should no longer be relied upon.)

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Detailed Stock Analysis Report for ADMA Biologics Inc (ADMA)

Detailed Stock Analysis Report for Arcutis Biotherapeutics, Inc. (ARQT)

For the full article, visit Zacks.com here.

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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