Best Momentum Stocks to Buy for July 31st

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, July 31st:

Newmont Corporation NEM: This producer and explorer of gold and other metals has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.3% over the last 60 days.

Newmont Corporation Price and Consensus

Newmont Corporation price-consensus-chart | Newmont Corporation Quote

Newmont’s shares gained 21% over the last three months compared with the S&P 500’s advance of 13.6%. The company possesses a Momentum Score  of A.

Newmont Corporation Price

Newmont Corporation price | Newmont Corporation Quote

Compagnie de Saint-Gobain S.A. CODYY: This supplier to the construction and industrial sector has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.

Compagnie de Saint-Gobain - Unsponsored ADR Price and Consensus

Compagnie de Saint-Gobain - Unsponsored ADR price-consensus-chart | Compagnie de Saint-Gobain - Unsponsored ADR Quote

Compagnie de Saint-Gobain’s shares gained 30.9% over the last six months compared with the S&P 500’s advance of 6.1%. The company possesses a Momentum Score of A.

Compagnie de Saint-Gobain - Unsponsored ADR Price

Compagnie de Saint-Gobain - Unsponsored ADR price | Compagnie de Saint-Gobain - Unsponsored ADR 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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