Top Stocks to Watch for Momentum InvestingTop Stocks to Watch for Momentum Investing

JJ Bounty

Here are three stocks exhibiting strong momentum characteristics that investors should consider exploring:

Steelcase SCS: Positioned as a designer and manufacturer of products catering to high-performance work environments, Steelcase boasts a Zacks Rank #1 (Strong Buy). Notably, the Zacks Consensus Estimate for its current-year earnings surged by 8.7% in the last 60 days.

Steelcase Inc. Performance and Outlook

Steelcase’s stocks have surged by 5.8% in the last three months, outperforming the S&P 500’s 4.7% gain. With a coveted Momentum Score of A, the company is certainly one to watch.

Steelcase Inc. Price Statistics

Bankinter’s shares rose by an impressive 20% over the past three months, leaving the S&P 500’s 4.7% gain in the dust. Furthermore, with a Momentum Score of A, Bankinter is definitely a company on the move.

Bankinter SA Price Performance

ResMed RMD: A key player in the design, production, and distribution of generators and masks for sleep-disordered breathing and other respiratory disorders worldwide, ResMed proudly holds a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings saw a healthy increase of 3.4% over the last 60 days.

ResMed Inc. Financial Performance

ResMed’s stocks soared by 6.5% during the past three months, surpassing the S&P 500’s rise of 4.7%. Backed by a Momentum Score of A, ResMed remains well-positioned for future growth.

ResMed Inc. Price Analysis

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Delve deeper into the intricacies of the Momentum score calculation here.

Free Report: 5 “Whisper” Stocks Poised to Stun Wall Street

Analysts may be underestimating the potential of these stocks greatly. There might be significant upside of +10-20% upon earnings announcements.

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ResMed Inc. (RMD) : Free Stock Analysis Report

Steelcase Inc. (SCS) : Free Stock Analysis Report

Bankinter SA (BKNIY) : Free Stock Analysis Report

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