Top Momentum Stocks to Consider for June 22nd

Avatar photo

On June 22, three stocks have been highlighted for investors based on their strong performance and favorable earnings outlook. Tokyo Electron Limited (TOELY), a semiconductor and flat panel display production equipment company, reports a Zacks Rank #1 and a 21.9% increase in its earnings estimate over the last 60 days. Its shares surged 95.4% over the past three months, significantly outperforming the S&P 500’s 14% advance.

Yankuang Energy Group Company Limited (YZCAY), a coal mining firm, also holds a Zacks Rank #1, with a 30.5% rise in its current year earnings estimate. Over the past six months, its shares increased by 28%, compared to the S&P 500’s 8.6% gain. Lastly, Fomento Economico Mexicano (FMX), a bottler of Coca-Cola products, has a Zacks Rank #1 as well, seeing a 20.2% increase in its earnings estimate and a 22.9% gain in its shares over the last three months.

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.

The free Daily Market Overview 250k traders and investors are reading

Read Now