Top Three Stocks to Consider Buying on April 14th
For investors scouting for promising opportunities, here are three stocks with a buy rating and robust momentum characteristics to consider on April 14th:
Michelin (MGDDY)
Michelin: This tire manufacturer holds a Zacks Rank of #1. Over the last 60 days, the Zacks Consensus Estimate for its current year earnings has increased by 15.5%.
Michelin Price and Consensus
Michelin price-consensus-chart | Michelin Quote
In the last three months, Michelin’s shares increased by 0.8%, whereas the S&P 500 saw a decline of 9.9%. The company achieves a Momentum Score of A.
Michelin Price
Michelin price | Michelin Quote
Allianz SE (ALIZY)
Allianz SE: This insurance firm also has a Zacks Rank #1, and its consensus estimate for current year earnings saw a 5.5% increase over the past 60 days.
Allianz SE Price and Consensus
Allianz SE price-consensus-chart | Allianz SE Quote
Allianz’s shares surged by 21.5% in the last three months, while the S&P 500 declined by 9.9%. The company maintains a Momentum Score of B.
Allianz SE Price
Allianz SE price | Allianz SE Quote
Engie SA (ENGIY)
Engie SA: This energy company ranks #1 on Zacks. In the past 60 days, the earnings consensus estimate for this fiscal year has risen by 9.2%.
ENGIE – Sponsored ADR Price and Consensus
ENGIE – Sponsored ADR price-consensus-chart | ENGIE – Sponsored ADR Quote
Engie’s stock appreciated by 26.8% over the last three months, whilst the S&P 500 fell by 9.9%. The company has a Momentum Score of A.
ENGIE – Sponsored ADR Price
ENGIE – Sponsored ADR price | ENGIE – Sponsored ADR Quote
To explore the full list of top-ranked stocks, click here.
For further details on Momentum scores and their calculations, visit this page.
Five Stocks Expected to Double
Handpicked by Zacks experts, these stocks are identified as the top picks to potentially gain +100% or more in 2024. Previous selections have yielded impressive returns, including +143.0%, +175.9%, +498.3%, and +673.0%.
The majority of the recommendations in this report are not widely recognized on Wall Street, presenting a unique entry opportunity.
Today, discover these 5 potential home runs >>
Michelin (MGDDY): Free Stock Analysis Report
ENGIE – Sponsored ADR (ENGIY): Free Stock Analysis Report
Allianz SE (ALIZY): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
