Best Momentum Stock to Buy for March 6th

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

Alto Ingredients ALTO: This company which, is a producer of specialty alcohols and essential ingredients, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.8% over the last 60 days.

Alto Ingredients, Inc. Price and Consensus

Alto Ingredients, Inc. price-consensus-chart | Alto Ingredients, Inc. Quote

Alto Ingredients' shares gained 69.6% over the last three month compared with the S&P 500’s decline of 0.4%. The company possesses a Momentum Score of A.

Alto Ingredients, Inc. Price

Alto Ingredients, Inc. price | Alto Ingredients, Inc. Quote

Shinhan Financial Group Co SHG: This Korea's largest financial services company, which also operates subsidiaries in securities, credit cards, asset management, leasing, bancassurance, and project finance, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

Shinhan Financial Group Co Ltd Price and Consensus

Shinhan Financial Group Co Ltd price-consensus-chart | Shinhan Financial Group Co Ltd Quote

Shinhan Financial’s shares gained 14% over the last three month compared with the S&P 500’s decline of 0.4%. The company possesses a Momentum Score of A.

Shinhan Financial Group Co Ltd Price

Shinhan Financial Group Co Ltd price | Shinhan Financial Group Co Ltd Quote

Escalade ESCA: This diversified company, which is engaged in the manufacture and sale of sporting goods products and office and graphic arts products, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

Escalade, Incorporated Price and Consensus

Escalade, Incorporated price-consensus-chart | Escalade, Incorporated Quote

Escalade’s shares gained 15.6% over the last three month compared with the S&P 500’s decline of 0.4%. The company possesses a Momentum Score of A.

Escalade, Incorporated Price

Escalade, Incorporated price | Escalade, Incorporated 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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