Best Momentum Stock to Buy for June 3rd

Zacks
06-03

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 3rd:

Flotek Industries FTK: This company which develops and delivers prescriptive chemistry-based technology, including specialty chemicals, to clients in the energy, consumer industrials and food & beverage industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.8% over the last 60 days.

Flotek Industries, Inc. Price and Consensus

Flotek Industries, Inc. price-consensus-chart | Flotek Industries, Inc. Quote

Flotek Industries’ shares gained 103.4% over the last three month compared with the S&P 500’s gain of 2.7%. The company possesses a Momentum Score of A.

Flotek Industries, Inc. Price

Flotek Industries, Inc. price | Flotek Industries, Inc. Quote

Harmony Gold HMY: This company which conducts underground and surface gold mining, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.

Harmony Gold Mining Company Limited Price and Consensus

Harmony Gold Mining Company Limited price-consensus-chart | Harmony Gold Mining Company Limited Quote

Harmony Gold's shares gained 47.8% over the last three month compared with the S&P 500’s gain of 2.7%. The company possesses a Momentum Score of A.

Harmony Gold Mining Company Limited Price

Harmony Gold Mining Company Limited price | Harmony Gold Mining Company Limited Quote

Ferrovial SE FER: This infrastructure company based in AMSTERDAM, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.2% over the last 60 days.

Ferrovial SE Price and Consensus

Ferrovial SE price-consensus-chart | Ferrovial SE Quote

Ferrovial SE's shares gained 17.7% over the last three month compared with the S&P 500’s gain of 2.7%. The company possesses a Momentum Score of A.

Ferrovial SE Price

Ferrovial SE price | Ferrovial SE 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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Harmony Gold Mining Company Limited (HMY) : Free Stock Analysis Report

Flotek Industries, Inc. (FTK) : Free Stock Analysis Report

Ferrovial SE (FER) : Free Stock Analysis Report

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

Zacks Investment Research

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