Here are three top momentum stocks for investors to consider on August 29th:
Masterful MPLX LP
MPLX LP, a master limited partnership in the midstream energy services sector, is showing strong buy signs. With a Zacks Rank #1 (Strong Buy), the company’s Zacks Consensus Estimate for current year earnings rose by 5.4% over the last 60 days.
MPLX LP Price and Consensus
MPLX’s shares have outperformed the S&P 500, gaining 6.7% in the last three months. The company boasts a Momentum Score of A.
MPLX LP Price
Palpable Palomar Holdings
Palomar Holdings, focusing on catastrophe insurance, is making waves with a Zacks Rank #1. The Zacks Consensus Estimate for its current year earnings has surged by 3.9% in the last 60 days.
Palomar Holdings, Inc. Price and Consensus
Palomar Holdings’ shares have surged by 15.4% over the past three months, outpacing the S&P 500. The company holds a Momentum Score of B.
Palomar Holdings, Inc. Price
Captivating Canon
Canon, a leader in imaging equipment, is demonstrating solid momentum as a Zacks Rank #1. The Zacks Consensus Estimate for its current year earnings has grown by 12.3% over the last 60 days.
Canon, Inc. Price and Consensus
Canon’s shares have soared by 21.8% in the last three months, showcasing robust performance compared to the S&P 500. The company also holds a Momentum Score of B.
Canon, Inc. Price
Find the full list of top-ranked stocks and learn more about the Momentum score and its calculation here.
