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Best Momentum Stocks to Buy for August 11th

Zacks Equity Research
·1-min read

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, August 11th:

Profire Energy, Inc. PFIE: This provider of burner and combustion management systems and solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 50% over the last 60 days.

Profire Energy, Inc. Price and Consensus

Profire Energy, Inc. Price and Consensus
Profire Energy, Inc. Price and Consensus

Profire Energy, Inc. price-consensus-chart | Profire Energy, Inc. Quote

Profire’s shares gained 12.7% over the last six months compared with the S&P 500’s decline of 7.1%. The company possesses a Momentum Score of B.

Profire Energy, Inc. Price

Profire Energy, Inc. Price
Profire Energy, Inc. Price

Profire Energy, Inc. price | Profire Energy, Inc. Quote

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Paylocity Holding Corporation PCTY: This cloud-based human capital management and payroll software solutions company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

Paylocity Holding Corporation Price and Consensus

Paylocity Holding Corporation Price and Consensus
Paylocity Holding Corporation Price and Consensus

Paylocity Holding Corporation price-consensus-chart | Paylocity Holding Corporation Quote

Paylocity’s shares gained 33.5% over the last six months compared with the S&P 500’s decline of 7.1%. The company possesses a Momentum Score of A.

Paylocity Holding Corporation Price

Paylocity Holding Corporation Price
Paylocity Holding Corporation Price

Paylocity Holding Corporation price | Paylocity Holding Corporation Quote

 

See the full list of top ranked stocks here

 

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


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
 
Profire Energy, Inc. (PFIE) : Free Stock Analysis Report
 
Paylocity Holding Corporation (PCTY) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research