Best Momentum Stock to Buy for April 30th

By: Alex Freidmen

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 30th:

Spotify Technology SPOT: This company which provides music streaming services, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Spotify Technology Price and Consensus

Spotify Technology Price and Consensus

Spotify Technology price-consensus-chart | Spotify Technology Quote

Spotify Technology’s shares gained 4.8% over the last three month compared with the S&P 500’s decline of 8.4%. The company possesses a Momentum Score of A.

Spotify Technology Price

Spotify Technology Price

Spotify Technology price | Spotify Technology Quote

Sony SONY: This company which designs, manufactures and sells several consumer and industrial electronic equipment, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

Sony Corporation Price and Consensus

Sony Corporation Price and Consensus

Sony Corporation price-consensus-chart | Sony Corporation Quote

Sony’s shares gained 15.4% over the last three month compared with the S&P 500’s decline of 8.4%. The company possesses a Momentum Score of A.

Sony Corporation Price

Sony Corporation Price

Sony Corporation price | Sony Corporation Quote

Civista Bancshares CIVB: This bank holding company which is involved in the business of community banking, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.9% over the last 60 days.

Civista Bancshares, Inc. Price and Consensus

Civista Bancshares, Inc. Price and Consensus

Civista Bancshares, Inc. price-consensus-chart | Civista Bancshares, Inc. Quote

Civista Bancshares’ shares gained 7% over the last three month compared with the S&P 500’s decline of 8.4%. The company possesses a Momentum Score of B.

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Civista Bancshares, Inc. Price

Civista Bancshares, Inc. Price

Civista Bancshares, Inc. price | Civista Bancshares, Inc. Quote

 

See the full list of top ranked stocks here

 

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

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This article originally published on Zacks Investment Research (zacks.com).

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