Investors looking for promising stocks should check out these three options that are receiving a buy ranking and showing strong momentum on November 8:
Top Momentum Stocks: Focus on CorMedix, Flushing Financial, and Sappi Limited
CorMedix Inc Shows Impressive Earnings Growth
CorMedix Inc. (CRMD): This biopharmaceutical company has a Zacks Rank of #1. Over the past 60 days, the consensus estimate for its current year’s earnings has risen by 20.7%.
CorMedix Inc Price and Earnings Consensus
CorMedix Inc price-consensus-chart | CorMedix Inc Quote
CorMedix’s stock surged 165.8% in the last three months, significantly outperforming the S&P 500, which rose 12.2%. The company currently holds a Momentum Score of A.
Current Stock Price of CorMedix Inc
CorMedix Inc price | CorMedix Inc Quote
Flushing Financial Corporation’s Steady Growth
Flushing Financial Corporation (FFIC): As the bank holding company for Flushing Bank, it too has a Zacks Rank of #1. In the past two months, the company’s earnings estimate for the current year increased by 5.6%.
Flushing Financial Corporation Price and Earnings Consensus
Flushing Financial Corporation price-consensus-chart | Flushing Financial Corporation Quote
Flushing Financial’s shares increased by 36.6% over the last three months, again exceeding the S&P 500’s 12.2% gain. The company also holds a Momentum Score of A.
Current Stock Price of Flushing Financial Corporation
Flushing Financial Corporation price | Flushing Financial Corporation Quote
Sappi Limited: A Renewable Resource Leader
Sappi Limited (SPPJY): This company specializes in wood fiber-based renewable resources. Sappi also has a Zacks Rank of #1, with a 16.7% rise in the earnings estimate over the past 60 days.
Sappi Ltd. Price and Earnings Consensus
Sappi Ltd. price-consensus-chart | Sappi Ltd. Quote
Sappi’s stock saw a 19.9% gain in the past three months, again better than the S&P 500’s 12.1% rise. The company has maintained a Momentum Score of A.
Current Stock Price of Sappi Ltd.
Sappi Ltd. price | Sappi Ltd. Quote
For a complete overview, check the full list of top-ranked stocks here.
To understand how the Momentum Score is calculated, learn more here.
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Flushing Financial Corporation (FFIC): Free Stock Analysis Report
Sappi Ltd. (SPPJY): Free Stock Analysis Report
CorMedix Inc (CRMD): Free Stock Analysis Report
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The views and opinions expressed herein are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
