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Top Ranked Momentum Stocks to Buy for July 6th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 6th:

Momenta Pharmaceuticals, Inc. (MNTA): This biotechnology company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.3% over the last 60 days.

Momenta Pharmaceuticals, Inc. Price and Consensus

Momenta Pharmaceuticals, Inc. Price and Consensus
Momenta Pharmaceuticals, Inc. Price and Consensus

Momenta Pharmaceuticals, Inc. price-consensus-chart | Momenta Pharmaceuticals, Inc. Quote

Momenta's shares gained 0.2% over the last one month compared to S&P 500’s fall of -2%. The company possesses a Momentum Score of A.

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Momenta Pharmaceuticals, Inc. Price

Momenta Pharmaceuticals, Inc. Price
Momenta Pharmaceuticals, Inc. Price

Momenta Pharmaceuticals, Inc. price | Momenta Pharmaceuticals, Inc. Quote

Purple Innovation, Inc. (PRPL): This designer and manufacturer of mattresses, pillows, and cushions has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

PURPLE INNOVATION, INC. Price and Consensus

PURPLE INNOVATION, INC. Price and Consensus
PURPLE INNOVATION, INC. Price and Consensus

PURPLE INNOVATION, INC. price-consensus-chart | PURPLE INNOVATION, INC. Quote

Purple Innovation’s shares gained 16.5% over the last one month. The company possesses a Momentum Score of B.

PURPLE INNOVATION, INC. Price

PURPLE INNOVATION, INC. Price
PURPLE INNOVATION, INC. Price

PURPLE INNOVATION, INC. price | PURPLE INNOVATION, INC. Quote

Zscaler, Inc. (ZS): This cloud security company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 40% over the last 60 days.

Zscaler, Inc. Price and Consensus

Zscaler, Inc. Price and Consensus
Zscaler, Inc. Price and Consensus

Zscaler, Inc. price-consensus-chart | Zscaler, Inc. Quote

Zscaler's shares gained 11% over the last one month. The company possesses a Momentum Score of B.

Zscaler, Inc. Price

Zscaler, Inc. Price
Zscaler, Inc. Price

Zscaler, Inc. price | Zscaler, Inc. Quote

See the full list of top ranked stocks here

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

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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Zscaler, Inc. (ZS) : Free Stock Analysis Report
 
PURPLE INNOVATION, INC. (PRPL) : Free Stock Analysis Report
 
Momenta Pharmaceuticals, Inc. (MNTA) : Free Stock Analysis Report
 
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