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Top Ranked Momentum Stocks to Buy for August 30th

DSKE, SCSC, ULTA, and REX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 30, 2021.

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This story originally appeared on Zacks

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, August 30th:

- Zacks

Daseke, Inc. DSKE: This transportation company has a Zacks Rank #1 (Strong Buy) 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 and Consensus

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

 

Daseke’s shares gained 36% over the last one month compared to S&P 500’s rise of 2.8%. The company possesses a Momentum Score of A.

 

ScanSource, Inc. SCSC: This company that distributes technology products and solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.4% over the last 60 days.

 

ScanSource, Inc. Price and Consensus

ScanSource, Inc. Price and Consensus

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

 

ScanSource’s shares gained 30.7% over the last one month. The company possesses a Momentum Score of A.

 

Ulta Beauty, Inc. ULTA: This beauty retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.5% over the last 60 days.

 

Ulta Beauty Inc. Price and Consensus

Ulta Beauty Inc. Price and Consensus

Ulta Beauty Inc. price-consensus-chart | Ulta Beauty Inc. Quote

 

Ulta Beauty’s shares gained 15.3% over the last one month. The company possesses a Momentum Score of A.

 

REX American Resources Corporation REX: This company that together with its subsidiaries, produces and sells ethanol has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.5% over the last 60 days.

 

REX American Resources’ shares gained 5.1% over the last one month. The company possesses a Momentum Score of A.

 

See the full list of top ranked stocks here

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



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Ulta Beauty Inc. (ULTA): Free Stock Analysis Report

 

ScanSource, Inc. (SCSC): Free Stock Analysis Report

 

REX American Resources Corporation (REX): Free Stock Analysis Report

 

Daseke, Inc. (DSKE): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

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