Three Strong Buy Stocks with Momentum for March 6
On March 6, investors may consider three stocks that carry a buy rank and exhibit strong momentum characteristics:
First United Corporation (FUNC)
First United Corporation: This bank holding company, which operates First United Bank & Trust, holds a Zacks Rank of #1. Over the past 60 days, the Zacks Consensus Estimate for its current year’s earnings has risen by 13.6%.
First United Corporation Price and Consensus
First United Corporation price-consensus-chart | First United Corporation Quote
First United’s shares increased by 17.1% over the last six months, significantly outperforming the S&P 500, which grew by only 5.5%. The company holds a Momentum Score of B.
First United Corporation Price
First United Corporation price | First United Corporation Quote
Molson Coors Beverage Company (TAP)
Molson Coors Beverage Company: This leading company in the beer and malt beverage sector also carries a Zacks Rank of #1. The Zacks Consensus Estimate for its current year’s earnings has increased by 6.4% over the last two months.
Molson Coors Beverage Company Price and Consensus
Molson Coors Beverage Company price-consensus-chart | Molson Coors Beverage Company Quote
Molson Coors’ shares rose 6% over the past six months, alongside the S&P 500’s growth of 5.5%. The company boasts a Momentum Score of A.
Molson Coors Beverage Company Price
Molson Coors Beverage Company price | Molson Coors Beverage Company Quote
Camden National Corporation (CAC)
Camden National Corporation: This bank holding company for Camden National Bank also has a Zacks Rank of #1. Recently, the Zacks Consensus Estimate for its current year earnings increased by 2.2%.
Camden National Corporation Price and Consensus
Camden National Corporation price-consensus-chart | Camden National Corporation Quote
Camden National’s shares appreciated by 11.2% in the last six months, outperforming the S&P 500’s advance of 5.5%. The company also has a Momentum Score of B.
Camden National Corporation Price
Camden National Corporation price | Camden National Corporation Quote
For a comprehensive overview of leading stocks, see the full list of top ranked stocks here.
To understand more about the Momentum Score and its calculations, click here.
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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.
