Market News

Top Momentum Stocks to Consider Buying

Investors seeking lively momentum might find a spark in the following stocks on April 2:

1. High Tide Inc. (HITI): This cannabis dispensary player, touted with a Zacks Rank #1, has witnessed a 100% surge in the Zacks Consensus Estimate for its current-year earnings over the past two months.

High Tide Inc. Performance Snapshot

High Tide Inc. Price and Consensus

Over the last three months, High Tide Inc. saw its shares climb 14.6%, outpacing the S&P 500 by 3%. Boasting a formidable Momentum Score of A, this stock holds promise.

High Tide Inc. Share Prices

High Tide Inc. Price

High Tide Inc.’s resilience is evident in expanding earnings, painting a rosy picture for potential investors.

2. Marathon Petroleum Corporation (MPC): An integrated downstream energy giant with a Zacks Rank #1, the company has experienced a 7.6% uptick in the Zacks Consensus Estimate for its upcoming-year earnings.

Marathon Petroleum Corporation at a Glance

Marathon Petroleum Corporation Price and Consensus

With a striking growth of 29.4% in share prices over the last quarter, surpassing the S&P 500 by a significant margin, Marathon Petroleum Corporation reflects a Momentum Score of A – music to investors’ ears.

Marathon Petroleum Corporation Share Prices

Marathon Petroleum Corporation Price

Marathon Petroleum Corporation’s foreseeable earnings growth outlines a promising trajectory, indicating a stock worth delving into.

3. SIGA Technologies, Inc. (SIGA): As a commercial-stage pharmaceutical entity holding a Zacks Rank #1, the company has witnessed a notable 9.9% surge in the Zacks Consensus Estimate for its next-year earnings.

SIGA Technologies Inc. Financial Overview

Siga Technologies Inc. Price and Consensus

Surging ahead by 57.5% in share value over the past three months, outperforming the S&P 500, SIGA Technologies boasts a Momentum Score of A, igniting interest among potential investors.

See also  Significant Thursday Options Activity for AAPL, NEE, ETSY Significant Thursday Options Activity for AAPL, NEE, ETSY

SIGA Technologies Inc. Share Prices

Siga Technologies Inc. Price

With burgeoning earnings estimates and impressive share performance, SIGA Technologies showcases a bullish stance in the market.

For a list of more top-ranked stocks, consider exploring the full selection to stay on top of market movements.

Delve into the intricacies of the Momentum score calculation to grasp its significance in investment decision-making.

Unearth fresh gems to potentially double your investments by sifting through undervalued stocks that have a track record of outpacing expectations. A little-known chemical company, heralded for its soaring earnings and enthusiastic share repurchasing, spells opportunity that could rival or surpass past market stars.

Free: Discover Our Top Stock and 4 Runners Up >>

Stay ahead with latest insights from Zacks Investment Research. Download 7 Best Stocks for the Next 30 Days to stay in the loop.

To read more insightful articles, visit Zacks.com for further details.

Zacks Investment Research