Three Top Stocks with Strong Momentum to Buy Today
Here are three stocks with a buy rank and strong momentum characteristics for investors to consider today, April 16th:
Antero Resources Corporation (AR)
Antero Resources is an oil and natural gas company holding a Zacks Rank #1. The company has seen its Zacks Consensus Estimate for the current year’s earnings rise by 14.4% over the last 60 days.
Antero Resources Corporation Price and Consensus
Antero Resources Corporation price-consensus-chart | Antero Resources Corporation Quote
Over the last six months, Antero Resources’ shares have surged 21.2%, contrasting with the S&P 500, which declined by 7.7%. The company holds a Momentum Score of A.
Antero Resources Corporation Price
Antero Resources Corporation price | Antero Resources Corporation Quote
Alithya Group Inc. (ALYAF)
Alithya is a digital technology services and strategy company, currently also holding a Zacks Rank #1. The Zacks Consensus Estimate for its current year earnings has jumped 75% in the past 60 days.
Alithya Group Inc. Price and Consensus
Alithya Group Inc. price-consensus-chart | Alithya Group Inc. Quote
In the past three months, Alithya’s shares rose 6.7%, while the S&P 500 declined by 10%. The company also possesses a Momentum Score of A.
Alithya Group Inc. Price
Alithya Group Inc. price | Alithya Group Inc. Quote
KBC Group NV (KBCSY)
KBC Group, a provider of banking, insurance, and asset management services, also has a Zacks Rank #1. The Zacks Consensus Estimate for its current year’s earnings has increased by 10.8% in the last 60 days.
KBC Group SA Price and Consensus
KBC Group SA price-consensus-chart | KBC Group SA Quote
KBC’s shares increased by 20.5% in the last three months versus a 10% decline for the S&P 500. The company has a Momentum Score of B.
KBC Group SA Price
KBC Group SA price | KBC Group SA Quote
See the full list of top ranked stocks here.
To learn more about the Momentum Score and its calculation, click here.
Zacks Identifies Top Semiconductor Stock
This company is only 1/9,000th the size of NVIDIA, which has skyrocketed over +800% since our recommendation. While NVIDIA remains a strong contender, this new top chip stock has significant growth potential.
Given its strong earnings growth and expanding customer base, it’s well-positioned to meet increasing demands in Artificial Intelligence, Machine Learning, and the Internet of Things. The global semiconductor market is expected to expand from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
Antero Resources Corporation (AR): Free Stock Analysis Report
KBC Group SA (KBCSY): Free Stock Analysis Report
Alithya Group Inc. (ALYAF): Free Stock Analysis Report
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.
