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Top Ranked Momentum Stocks to Buy for February 8th

Zacks Equity Research
Updated

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, February 8th:

Visa Inc. (V): This payments technology company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 7.4% over the last 60 days.

Visa Inc. Price and Consensus

Visa Inc. Price and Consensus | Visa Inc. Quote

Visa’s shares gained 0.7% over the last one month in contrast to S&P 500’s decline of -2.2%. The company possesses a Momentum Score of A.

Visa Inc. Price

Visa Inc. Price | Visa Inc. Quote

The Travelers Companies, Inc. (TRV): This personal property and casualty insurance provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12% over the last 60 days.

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The Travelers Companies, Inc. Price and Consensus

The Travelers Companies, Inc. Price and Consensus | The Travelers Companies, Inc. Quote

Travelers’ shares gained 7.6% over the last one month. The company possesses a Momentum Score of A.

The Travelers Companies, Inc. Price

The Travelers Companies, Inc. Price | The Travelers Companies, Inc. Quote

FleetCor Technologies, Inc. (FLT): This provider of commercial payment and data solutions has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 0.1% over the last 60 days.

FleetCor Technologies, Inc. Price and Consensus

FleetCor Technologies, Inc. Price and Consensus | FleetCor Technologies, Inc. Quote

FleetCor Technologies’ shares gained 3.2% over the last one month. The company possesses a Momentum Score of A.

FleetCor Technologies, Inc. Price

FleetCor Technologies, Inc. Price | FleetCor Technologies, Inc. Quote

Covenant Transportation Group, Inc. (CVTI): This truckload transportation services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17% over the last 60 days.

Covenant Transportation Group, Inc. Price and Consensus

Covenant Transportation Group, Inc. Price and Consensus | Covenant Transportation Group, Inc. Quote

Covenant Transportation Group’s shares gained 2.3% over the last one month. The company possesses a Momentum Score of A.

Covenant Transportation Group, Inc. Price

Covenant Transportation Group, Inc. Price | Covenant Transportation Group, Inc. Quote

See the full list of top ranked stocks here

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

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


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
 
Visa Inc. (V) : Free Stock Analysis Report
 
The Travelers Companies, Inc. (TRV) : Free Stock Analysis Report
 
FleetCor Technologies, Inc. (FLT) : Free Stock Analysis Report
 
Covenant Transportation Group, Inc. (CVTI) : Free Stock Analysis Report
 
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