Best Momentum Stocks to Buy for June 7th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 7th:


Star Bulk Carriers Corp.


SBLK

: This shipping company of dry-bulk cargoes has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.

Star Bulk Carriers Corp. Price and Consensus

Star Bulk’s shares gained 15.7% over the last three months compared with the S&P 500’s decline of 2.8%. The company possesses a


Momentum Score


of A.

Star Bulk Carriers Corp. Price


Assertio Holdings, Inc.


ASRT

: This specialty pharmaceutical company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days.

Assertio Holdings, Inc. Price and Consensus

Assertio’s shares gained 36.5% over the last three months compared with the S&P 500’s decline of 2.8%. The company possesses a Momentum Score of A.

Assertio Holdings, Inc. Price


Golden Ocean Group Limited


GOGL

: This shipping company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 56.4% over the last 60 days.

Golden Ocean Group Limited Price and Consensus

Golden Ocean’s shares gained 44.3% over the last three months compared with the S&P 500’s decline of 2.8%. The company possesses a Momentum Score of A.

Golden Ocean Group Limited Price

See the



full list of top ranked stocks here


Learn more about the



Momentum score and how it is calculated here



.


Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.


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