Best Momentum Stock to Buy for March 9th

Zacks Equity Research

9 March 2023 at 10:00 am·2-min read

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 9th:

Frontier Communications Parent FYBR: This company that offers services to residential and business customers over its fiber-optic and copper networks including video, high-speed internet, advanced voice and Frontier Secure(R) digital protection solutions, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.6% over the last 60 days.

Frontier Communications Parent, Inc. Price and Consensus

Frontier Communications Parent, Inc. price-consensus-chart | Frontier Communications Parent, Inc. Quote

Frontier Communications Parent’s shares gained 7.8% over the last three month compared with the S&P 500’s gain of 1.4%. The company possesses a Momentum Score of A.

Frontier Communications Parent, Inc. Price

Frontier Communications Parent, Inc. price | Frontier Communications Parent, Inc. Quote

Baidu BIDU: This Beijing-based Chinese-language Internet search provider which also offers online marketing services to its customers, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Baidu, Inc. Price and Consensus

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

Baidu’s shares gained 18.4% over the last month compared with the S&P 500’s gain of 1.4%. The company possesses a Momentum Score of A.

Baidu, Inc. Price

Baidu, Inc. price | Baidu, Inc. Quote

Global Industrial Company GIC: This company which operates through its subsidiaries and provides industrial products principally in North America, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.

Global Industrial Company Price and Consensus

Global Industrial Company price-consensus-chart | Global Industrial Company Quote

Global Industrial Company’s shares gained 6.2% over the last month compared with the S&P 500’s gain of 1.4%. The company possesses a Momentum Score of A.

Global Industrial Company Price

Global Industrial Company price | Global Industrial Company 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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