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Best Momentum Stocks to Buy for March 16th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 16th:

Sumitomo Mitsui Financial Group, Inc. SMFG: This company that provides commercial banking, leasing, securities, consumer finance, and other services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.

Sumitomo Mitsui Financial Group Inc Price and Consensus

Sumitomo Mitsui Financial Group Inc Price and Consensus
Sumitomo Mitsui Financial Group Inc Price and Consensus

Sumitomo Mitsui Financial Group Inc price-consensus-chart | Sumitomo Mitsui Financial Group Inc Quote

Sumitomo Mitsui’s shares gained 11.9% over the last three months compared with the S&P 500’s advance of 2.8%. The company possesses a Momentum Score of A.

Sumitomo Mitsui Financial Group Inc Price

Sumitomo Mitsui Financial Group Inc Price
Sumitomo Mitsui Financial Group Inc Price

Sumitomo Mitsui Financial Group Inc price | Sumitomo Mitsui Financial Group Inc Quote

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Playa Hotels & Resorts N.V. PLYA: This company that operates resorts in prime beachfront locations in Mexico has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 27.3% over the last 60 days.

Playa Hotels & Resorts N.V. Price and Consensus

Playa Hotels & Resorts N.V. Price and Consensus
Playa Hotels & Resorts N.V. Price and Consensus

Playa Hotels & Resorts N.V. price-consensus-chart | Playa Hotels & Resorts N.V. Quote

Playa’s shares gained 45.7% over the last three months compared with the S&P 500’s advance of 2.8%. The company possesses a Momentum Score of A.

Playa Hotels & Resorts N.V. Price

Playa Hotels & Resorts N.V. Price
Playa Hotels & Resorts N.V. Price

Playa Hotels & Resorts N.V. price | Playa Hotels & Resorts N.V. Quote

Ryerson Holding Corporation RYI: This industrial metals processing and distribution company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Ryerson Holding Corporation Price and Consensus

Ryerson Holding Corporation Price and Consensus
Ryerson Holding Corporation Price and Consensus

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

Ryerson’s shares gained 11.4% over the last three months compared with the S&P 500’s advance of 2.8%. The company possesses a Momentum Score of B.

Ryerson Holding Corporation Price

Ryerson Holding Corporation Price
Ryerson Holding Corporation Price

Ryerson Holding Corporation price | Ryerson 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

Sumitomo Mitsui Financial Group Inc (SMFG) : Free Stock Analysis Report

Ryerson Holding Corporation (RYI) : Free Stock Analysis Report

Playa Hotels & Resorts N.V. (PLYA) : Free Stock Analysis Report

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Zacks Investment Research