Three Noteworthy Stocks with Strong Buy Ratings on March 28
Here are three stocks that have strong buy ratings and notable momentum for investors to consider today, March 28:
1. Qifu Technology, Inc. (QFIN)
Qifu Technology, Inc. has a Zacks Rank of #1, indicating strong potential. The Zacks Consensus Estimate for its current earnings has increased by 5.8% over the last 60 days. Qifu’s shares have surged by 27.6% over the past three months, contrasting with an S&P 500 decline of 3.6%. This performance contributes to its Momentum Score of A.
Qifu Technology, Inc. Price and Consensus
Qifu Technology, Inc. price-consensus-chart | Qifu Technology, Inc. Quote
Qifu Technology, Inc. Price
Qifu Technology, Inc. price | Qifu Technology, Inc. Quote
2. First Merchants Corporation (FRME)
First Merchants Corporation, the financial holding company for First Merchants Bank, also has a Zacks Rank of #1. The Zacks Consensus Estimate for this firm’s current earnings has grown by 8.5% in the last 60 days. First Merchants’ shares have risen by 3.5% over the past three months, in contrast to the S&P 500’s drop of 3.6%. This stock holds a Momentum Score of B.
First Merchants Corporation Price and Consensus
First Merchants Corporation price-consensus-chart | First Merchants Corporation Quote
First Merchants Corporation Price
First Merchants Corporation price | First Merchants Corporation Quote
3. Griffon Corporation (GFF)
Griffon Corporation, a provider of consumer and professional products, also has a Zacks Rank of #1. The company’s earnings estimate for the current year has increased by 3.1% over the last two months. Over the last three months, Griffon’s shares have risen by 1.3%, compared to the S&P 500’s 3.6% decline. Griffon holds a Momentum Score of B.
Griffon Corporation Price and Consensus
Griffon Corporation price-consensus-chart | Griffon Corporation Quote
Griffon Corporation Price
Griffon Corporation price | Griffon Corporation Quote
See the full list of top ranked stocks here.
Learn more about the Momentum score and its calculation here.
Zacks Research Highlights Top Stock with Growth Potential
Zacks’ research team has identified five stocks likely to gain 100% or more in the coming months. Of these, Research Director Sheraz Mian singles out one that shows potential for the highest climb.
This standout stock is part of a highly innovative financial firm with a growing customer base of over 50 million. Its advanced solutions position it well for significant gains. While not all selections succeed, this one is expected to outperform previous Zacks’ high-fliers like Nano-X Imaging, which increased by 129.6% in just nine months.
Free: See Our Top Stock And 4 Runners Up
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
