Investors looking for stocks with robust momentum should consider the following options as of August 9th:
OppFi: Empowering Everyday Consumers
OppFi, a financial technology platform that facilitates access to credit for average consumers, has been making waves in the market. With a Zacks Rank #1 (Strong Buy), OppFi has seen a significant 23.3% increase in its Zacks Consensus Estimate for current year earnings over the last 60 days.
OppFi Inc. Performance Highlights
OppFi shares have surged by an impressive 26.8% in the last three months, towering over the S&P 500’s modest 2.1% gain. The company boasts a Momentum Score of A, underscoring its potential for further growth.
Hamilton Lane: Managing Investments with Precision
Hamilton Lane, an investment management firm specializing in private market solutions, is another stock worth considering. With a Zacks Rank #1, the company has observed a solid 6.4% increase in its Zacks Consensus Estimate for current year earnings over the past 60 days.
Hamilton Lane Inc. Performance Analysis
Hamilton Lane’s shares have soared by 18.1% in the last three months, outperforming the S&P 500. With a Momentum Score of B, the company demonstrates a consistent growth trajectory.
NexPoint Real Estate Finance: Investing in Real Estate Innovatively
NexPoint Real Estate Finance, a real estate investment trust focusing on diverse financing solutions in commercial properties, has also caught the eye of investors. With a Zacks Rank #1, the company has witnessed a noteworthy 7.8% rise in its Zacks Consensus Estimate for current year earnings over the previous 60 days.
NexPoint Real Estate Finance, Inc. Performance Overview
NexPoint Real Estate Finance’s shares have increased by 5.9% in the last three months, exceeding the S&P 500’s gains. Holding a Momentum Score of B, the company is poised for continued success.
Explore the complete list of top-ranked stocks here.
Discover more about the Momentum score and its calculation here.
Zacks’ Top 3 Hydrogen Stocks
The demand for clean hydrogen energy is set to skyrocket, offering a lucrative opportunity for investors. Zacks has identified three prominent companies poised to lead the charge in the hydrogen sector.
One of the stocks has outperformed the market dramatically over the past 25 years, showcasing remarkable growth. Another company has secured capital commitments totaling $15 billion for low carbon hydrogen products through 2027 alone. The third pick has achieved 52-week highs in Q4 2023 and has consistently increased its dividend for over a decade.
For further details, check out these top-performing stocks here.
For additional insights from Zacks Investment Research, you can download the report on the 7 Best Stocks for the Next 30 Days.
