Presented below are three stocks that exhibit strong momentum and are recommended for investors to consider purchasing on September 1st:
TransDigm Group Incorporated (TDG): This company specializes in aircraft components and has been ranked #1 by Zacks. Over the past 60 days, the Zacks Consensus Estimate for its current year earnings has increased by 5.3%.
Price and Consensus for Transdigm Group Incorporated
Transdigm Group Incorporated price-consensus-chart | Transdigm Group Incorporated Quote
TransDigm’s stock has shown a 13.9% increase over the past three months, outperforming the S&P 500 index which only rose by 5.2%. The company has a Momentum Score of B according to Zacks.
Price for Transdigm Group Incorporated
Transdigm Group Incorporated price | Transdigm Group Incorporated Quote
Teekay Tankers Ltd. (TNK): This company provides marine transportation services to the oil industry and has been ranked #1 by Zacks. The Zacks Consensus Estimate for its next year earnings has increased by 3.6% in the past 60 days.
Price and Consensus for Teekay Tankers Ltd.
Teekay Tankers Ltd. price-consensus-chart | Teekay Tankers Ltd. Quote
Teekay’s stock has shown a 7.7% increase over the past three months, outperforming the S&P 500 index. The company has a Momentum Score of B according to Zacks.
Price for Teekay Tankers Ltd.
Teekay Tankers Ltd. price | Teekay Tankers Ltd. Quote
BlackRock TCP Capital Corp. (TCPC): This company is a business development firm and has been ranked #1 by Zacks. The Zacks Consensus Estimate for its current year earnings has increased by 5.8% in the past 60 days.
Price and Consensus for BLACKROCK TCP CAPITAL CORP.
BLACKROCK TCP CAPITAL CORP. price-consensus-chart | BLACKROCK TCP CAPITAL CORP. Quote
BlackRock TCP’s stock has shown a 15% increase over the past three months, outperforming the S&P 500 index. The company has a Momentum Score of B according to Zacks.
Price for BLACKROCK TCP CAPITAL CORP.
BLACKROCK TCP CAPITAL CORP. price | BLACKROCK TCP CAPITAL CORP. Quote
For a full list of top-ranked stocks, please visit here.
To learn more about how the Momentum score is calculated, visit here.
Zacks Names “Single Best Pick to Double”
Among thousands of stocks, five Zacks experts have each chosen their favorite stock projected to skyrocket +100% or more in the coming months. From these choices, Director of Research Sheraz Mian has selected one that he believes will have the most explosive upside potential of all.
This company is credited with a “watershed medical breakthrough” and is actively developing other projects that could greatly impact patients with liver, lung, and blood-related diseases. This investment opportunity is at bear market lows and provides a timely entry point.
It has the potential to surpass recent stocks that doubled in value, such as Boston Beer Company (+143.0% in just over 9 months) and NVIDIA (+175.9% in one year).
Free: See Our Top Stock And 4 Runners Up
Transdigm Group Incorporated (TDG) : Free Stock Analysis Report
BLACKROCK TCP CAPITAL CORP. (TCPC) : Free Stock Analysis Report
Teekay Tankers Ltd. (TNK) : Free Stock Analysis Report
Read the full article on Zacks.com
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
