Russ Cohen

Best Momentum Stocks to Buy for November 12th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 12:

Grupo Financiero Galicia S.A. GGAL: This financial service holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.4% over the last 60 days.

Grupo Financiero Galicia S.A. Price and Consensus

Grupo Financiero Galicia S.A. Price and Consensus

Grupo Financiero Galicia S.A. price-consensus-chart | Grupo Financiero Galicia S.A. Quote

Grupo Financiero Galicia’s shares gained 59.7% over the last three months compared with the S&P 500’s advanced of 10.4%. The company possesses a Momentum Score of A.

Grupo Financiero Galicia S.A. Price

Grupo Financiero Galicia S.A. Price

Grupo Financiero Galicia S.A. price | Grupo Financiero Galicia S.A. Quote

New Gold Inc. NGD: This gold mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.8% over the last 60 days.      

New Gold Inc. Price and Consensus

New Gold Inc. Price and Consensus

New Gold Inc. price-consensus-chart | New Gold Inc. Quote

New Gold’s shares gained 36.0% over the last six months compared with the S&P 500’s advanced of 14.9%. The company possesses a Momentum Score of A.

New Gold Inc. Price

New Gold Inc. Price

New Gold Inc. price | New Gold Inc. Quote

Bowhead Specialty Holdings Inc. BOW: This specialty property and casualty insurance products provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.

Bowhead Specialty Holdings Inc. Price and Consensus

Bowhead Specialty Holdings Inc. Price and Consensus

Bowhead Specialty Holdings Inc. price-consensus-chart | Bowhead Specialty Holdings Inc. Quote

Bowhead Specialty’s shares gained 23.6% over the last three months compared with the S&P 500’s advanced of 10.4%. The company possesses a Momentum Score of A.

See also  Genprex Collaborators Present Positive Preclinical Data on the Use of Reqorsa® Gene Therapy for the Treatment of Lung Cancer, Mesothelioma and Glioblastoma

Bowhead Specialty Holdings Inc. Price

Bowhead Specialty Holdings Inc. Price

Bowhead Specialty Holdings Inc. price | Bowhead Specialty Holdings Inc. Quote

See the full list of top ranked stocks here

 

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report

New Gold Inc. (NGD) : Free Stock Analysis Report

Grupo Financiero Galicia S.A. (GGAL) : Free Stock Analysis Report

Bowhead Specialty Holdings Inc. (BOW) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research