HomeMost PopularTech StocksThe Rise of Momentum Stocks: Top Picks for March 21st

The Rise of Momentum Stocks: Top Picks for March 21st

Actionable Trade Ideas

always free

Consider these three stocks with a buy rank and robust momentum attributes for potential investment opportunities on March 21:

Abercrombie & Fitch Co. ANF has recently captured the attention of investors, boasting a Zacks Rank #1 and experiencing a significant 18.9% surge in the Zacks Consensus Estimate for its annual earnings over the last 60 days.

Unveiling Abercrombie & Fitch’s Ascend

Abercrombie & Fitch Company Price and Consensus

Explore Abercrombie & Fitch’s price-consensus-chart | Revel in the Abercrombie & Fitch Company Quote

Notably, Abercrombie & Fitch’s stocks have soared by 45.9% in the last quarter, significantly outpacing the S&P 500’s modest gain of 8.6%. The company flaunts a stellar Momentum Score of A, hinting at a promising trajectory ahead.

The Foundation of Installed Building Products, Inc.

The landscape of growth extends to Installed Building Products, Inc. IBP, an insulation installation powerhouse boasting a Zacks Rank #1. Its earnings estimate for the current year has surged by 8.2% over the last two months, indicating a growing interest from investors.

Installed Building Products, Inc. Price and Consensus

Discover Installed Building Products, Inc.’s price-consensus-chart | Dive into the Installed Building Products, Inc. Quote

In the past three months, Installed Building Products’ stocks have surged by 32.7%, outshining the S&P 500’s gains. Garnering a Momentum Score of B, the company is demonstrating a robust growth trajectory.

Archrock, Inc.’s Energetic Ascent

The energy sector is abuzz with excitement surrounding Archrock, Inc. AROC. With a Zacks Rank #1 and a remarkable 9.9% increase in the Zacks Consensus Estimate for its annual earnings over the past two months, Archrock is positioned as a frontrunner in the energy infrastructure business.

Archrock, Inc. Price and Consensus

Survey Archrock, Inc.’s price-consensus-chart | Uncover the Archrock, Inc. Quote

Archrock has seen its stocks surge by a notable 24.4% in the last quarter, showcasing a Momentum Score of B and indicating a promising future trajectory.

Curious to explore more top-ranked stocks? See the full list of top picks here.

Looking to delve deeper into the essence of the Momentum score and its underlying calculation? Satiate your curiosity here.

Are you ready for 5 Stocks Set to Double?

Handpicked by Zacks experts, each of these stocks represents the top favorite to potentially double in value by 2024. Past recommendations have experienced extraordinary surges of +143.0%, +175.9%, +498.3%, and +673.0%.

Most of these stocks fly under the Wall Street radar, offering the perfect opportunity to jump in at the nascent stages of growth.

Embark on the journey to explore these 5 potential home runs >>

Eager for the latest recommendations from Zacks Investment Research? Dive into the realm of the 7 Best Stocks for the Next 30 Days. Click here to access this free report

Delve into the Free Stock Analysis Report for Abercrombie & Fitch Company (ANF)

Access the Free Stock Analysis Report for Installed Building Products, Inc. (IBP)

Explore the Free Stock Analysis Report for Archrock, Inc. (AROC)

Don’t miss out on reading this article on Zacks.com. Click here to delve deeper.

Curious to explore a treasure trove of insights from Zacks Investment Research

Disclaimer: The opinions expressed herein belong to the author and do not necessarily reflect those of Nasdaq, Inc.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.