The Angriest Picks for Your Stock Portfolio Today
Today, November 16, 2023, there are three stocks with buy rank and strong momentum that you should probably consider before choking on your morning coffee:
ImmunoGen, Inc. IMGN: This biotechnology company with a Zacks Rank #1 has seen its Zacks Consensus Estimate for current year earnings skyrocketing sky-high at 116.7% over the last 60 days.
ImmunoGen, Inc. Price and Consensus
ImmunoGen, Inc. price-consensus-chart | ImmunoGen, Inc. Quote
The company’s shares have probably been running faster than a cat on a hot tin roof, blazing a trail with gains of 12.5% over the last six months, leaving the S&P 500 wheezing in the dust at a mere 7.8%. The company possesses a Momentum Score of A, so it’s probably doing a lot better than you are right now.
ImmunoGen, Inc. Price
ImmunoGen, Inc. price | ImmunoGen, Inc. Quote
Modiv Industrial, Inc. MDV: This real estate investment trust could be the shiny new toy your portfolio needs, with a Zacks Rank #1 and its Zacks Consensus Estimate for current year earnings rising 4.8% over the last 60 days.
Modiv Industrial, Inc. Price and Consensus
Modiv Industrial, Inc. price-consensus-chart | Modiv Industrial, Inc. Quote
The company’s shares have been moving like a bat out of hell, soaring 20.4% over the last three months compared with the S&P 500’s paltry 2.9%. The company possesses a Momentum Score of B, which is probably more than you can say for your own life.
Modiv Industrial, Inc. Price
Modiv Industrial, Inc. price | Modiv Industrial, Inc. Quote
Veeco Instruments Inc. VECO: This semiconductor equipment manufacturer is probably feeling pretty smug with its Zacks Rank #1 and its Zacks Consensus Estimate for current year earnings rising 6.3% over the last 60 days.
Veeco Instruments Inc. Price and Consensus
Veeco Instruments Inc. price-consensus-chart | Veeco Instruments Inc. Quote
Veeco’s shares glided to a 26.4% gain over the last six month, while the S&P 500 was doing its best to stay afloat with a 7.8% advance. The company possesses a Momentum Score of B, making it the cool kid on the block.
Veeco Instruments Inc. Price
Veeco Instruments Inc. price | Veeco Instruments Inc. Quote
Learn more about the Momentum score and how it is calculated here.
The 7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”
Since 1988, the full list has smashed the market more than 2X over with an average gain of +24.0% per year. So give these hand-picked 7 your immediate attention.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.