Russ Cohen

Best Momentum Stocks to Buy for August 5th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 5:

GeneDx Holdings Corp. WGS: This genomic diagnostics company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.5% over the last 60 days.

GeneDx Holdings Corp. Price and Consensus

GeneDx Holdings Corp. Price and Consensus

GeneDx Holdings Corp. price-consensus-chart | GeneDx Holdings Corp. Quote

GeneDx’s shares gained 54% over the last three months compared with the S&P 500’s advance of 3.2%. The company possesses a Momentum Score of A.

GeneDx Holdings Corp. Price

GeneDx Holdings Corp. Price

GeneDx Holdings Corp. price | GeneDx Holdings Corp. Quote

Mercury General Corporation MCY: This auto insurance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.3% over the last 60 days.

Mercury General Corporation Price and Consensus

Mercury General Corporation Price and Consensus

Mercury General Corporation price-consensus-chart | Mercury General Corporation Quote

Mercury General’s shares gained 5.2% over the last three months compared with the S&P 500’s advance of 3.2%. The company possesses a Momentum Score of A.

Mercury General Corporation Price

Mercury General Corporation Price

Mercury General Corporation price | Mercury General Corporation Quote

M/I Homes, Inc. MHO: This residential construction company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

M/I Homes, Inc. Price and Consensus

M/I Homes, Inc. Price and Consensus

M/I Homes, Inc. price-consensus-chart | M/I Homes, Inc. Quote

M/I Homes’ shares gained 24.2% over the last three months compared with the S&P 500’s advance of 3.2%. The company possesses a Momentum Score of A.

M/I Homes, Inc. Price

M/I Homes, Inc. Price

M/I Homes, Inc. price | M/I Homes, Inc. Quote

See also  Best Growth Stocks to Buy for August 11th

See the full list of top ranked stocks here

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

 

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Mercury General Corporation (MCY) : Free Stock Analysis Report

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