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Top Ranked Momentum Stocks to Buy for August 10th – Zacks.com

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 10th:

Acacia Communications, Inc. (ACIA Free Report) : This developer and manufacturer of high-speed coherent optical interconnect productshas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 45.5% over the last 60 days.

Acacia Communications, Inc. Price and Consensus

Acacia’s shares gained 12.3% over the last one month more than S&P 500’s gain of 2.9%. The company possesses a Momentum Score of A.

Acacia Communications, Inc. Price

Cleveland-Cliffs Inc. (CLF Free Report) : This owner and operator of an iron ore mining company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 60.5% over the last 60 days.

Cleveland-Cliffs Inc. Price and Consensus

Cleveland-Cliffs’ shares gained 23.9% over the last one month. The company possesses a Momentum Score of A.

Cleveland-Cliffs Inc. Price

AAON, Inc. (AAON Free Report) : This manufacturer of air conditioning and heating equipmenthas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 10.1% over the last 60 days.

AAON, Inc. Price and Consensus

AAON’s shares gained 11.8% over the last one month. The company possesses a Momentum Score of B.

AAON, Inc. Price

See the full list of top ranked stocks here

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

5 Medical Stocks to Buy Now

Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.

New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.

Click here to see the 5 stocks >>