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Top Ranked Momentum Stocks to Buy for August 20th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 20th:

Transcat, Inc. TRNS: This provider of calibration and laboratory instrument services has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.1% over the last 60 days.

 

Transcat, Inc. Price and Consensus

Transcat, Inc. price-consensus-chart | Transcat, Inc. Quote

 

Transcat’s shares gained 4.9% over the last one month compared with the S&P 500’s growth of 1.2%. The company possesses a Momentum Score of A.

 

ArcBest Corporation ARCB: This provider of freight transportation and integrated logistics services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.1% over the last 60 days.

 

ArcBest’s shares gained 7.8% over the last one month. The company possesses a Momentum Score of A.

 

Tupperware Brands Corporation TUP: This consumer products company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.5% over the last 60 days.

 

Tupperware’s shares gained 4.1% over the last one month. The company possesses a Momentum Score of B.

 

Daseke, Inc. DSKE: This provider of transportation and logistics solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

Daseke, Inc. Price and Consensus

Daseke, Inc. price-consensus-chart | Daseke, Inc. Quote

 

Daseke’s shares gained 39.7% over the last one month. The company possesses a Momentum Score of B.

 

See the full list of top ranked stocks here

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


Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. 

See 3 crypto-related stocks now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Transcat, Inc. (TRNS): Free Stock Analysis Report
 
Tupperware Brands Corporation (TUP): Free Stock Analysis Report
 
ArcBest Corporation (ARCB): Free Stock Analysis Report
 
Daseke, Inc. (DSKE): Free Stock Analysis Report
 
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