Best Momentum Stocks to Buy for August 23rd

RHHBY APELY SBSI

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 23:

Alps Alpine Co., Ltd. (APELY - Free Report) : This electronic component company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.5% over the last 60 days.

Alps Alpine's shares gained 6.4% over the last three months compared with the S&P 500’s advanced of 5.1%. The company possesses a Momentum Score of A.

Roche Holding AG (RHHBY - Free Report) : This pharmaceuticals and diagnostics company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.9% over the last 60 days.          

Roche Holding's shares gained 31.2% over the last three months compared with the S&P 500’s advanced of 5.1%. The company possesses a Momentum Score of B.

Southside Bancshares, Inc. (SBSI - Free Report) : This bank holding company for Southside Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

Southside Bancshares' shares gained 21.5% over the last three months compared with the S&P 500’s advanced of 5.1%. The company possesses a Momentum Score of B.

See the full list of top ranked stocks here

 

Learn more about the Momentum score and how it is calculated here.