Best Momentum Stocks to Buy for July 10th

Zacks Equity Research

10 July 2024 at 10:00 am·1-min read

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

Kinross Gold Corporation KGC: This gold mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Kinross Gold Corporation's shares gained 32.6% over the last three months compared with the S&P 500’s advanced of 7.4%. The company possesses a Momentum Score of B.

Zai Lab Limited ZLAB: This biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.6% over the last 60 days.

Zai Lab's shares gained 10.7% over the last three months compared with the S&P 500’s advanced of 7.4%. The company possesses a Momentum Score of A.

Brinker International, Inc. EAT: This casual dining restaurant company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

Brinker International's shares gained 42% over the last three months compared with the S&P 500’s advanced of 7.4%. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here

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

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Brinker International, Inc. (EAT) : Free Stock Analysis Report

Kinross Gold Corporation (KGC) : Free Stock Analysis Report

Zai Lab Limited Unsponsored ADR (ZLAB) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

AFP News
Stocks rise as US inflation data boosts rate cut hopes
Major stock markets pushed higher Friday as traders welcomed data showing a moderation in US inflation, firming expectations the Federal Reserve will start cutting interest rates in September.The inflation data followed figures Thursday that showed the US economy expanded far more than expected in the second quarter, providing a much-needed boost to sentiment and easing concerns that it was slowing a little too much for comfort.
Futurism
Investors Are Suddenly Getting Very Concerned That AI Isn't Making Any Serious Money
An increasing number of Silicon Valley investors and Wall Street analysts are starting to ring the alarm bells over the billions of dollars being invested in AI, an overconfidence that could result in a massive bubble. As the Washington Post reports, investment bankers are singing a dramatically different tune than last year, a period marked […]
Zacks
MasterCard (MA) Surpasses Market Returns: Some Facts Worth Knowing
MasterCard (MA) closed the most recent trading day at $438.18, moving +2% from the previous trading session.
The Telegraph
Savings rates are destined to fall – here’s where to invest now
Investors must soon make a decision or face their money being eroded as the Bank of England’s interest rate cut draws ever nearer.
Zacks
Automatic Data (ADP) to Report Q4 Earnings: What's in Store?
Automatic Data's (ADP) fourth-quarter fiscal 2024 top line is expected to have benefited from growth in bookings.
The Guardian
Bank of England set to rain on hopes of interest rate cut after economic bounce
This week’s Bank meeting is unlikely to bring borrowers any joy amid a strong recovery from 2023’s mild recession
Bloomberg
Singapore’s market value may soon beat Thailand for first time since 2020
For years, Thai equities stood tall as one of Southeast Asia’s largest stock markets. That bullish story is fast unraveling, and not even cheap valuations can save the day.
Zacks
Zoetis (ZTS) Stock Drops Despite Market Gains: Important Facts to Note
Zoetis (ZTS) reachead $179.84 at the closing of the latest trading day, reflecting a -0.51% change compared to its last close.
Yahoo Finance Video
$1 million starter homes a new norm in 200+ cities: Zillow
A new Zillow report shows starter homes costing $1 million are becoming the norm in more than 200 cities in the United States. Zillow Home Loans senior economist Orphe Divounguy joins Wealth! to discuss the report and his advice for first-time homebuyers. Divounguy explains that in many cities, it will take a lot more "to step on the first rung of the housing ladder." He notes that these cities are mostly concentrated in expensive coastal markets where homeownership rates are some of the lowest in the country. These markets are also where the most restrictive building regulations are, further squeezing the already-low supply available to buyers. He adds that across the country, "homeowners are sitting on near-record home equity and the real value of their mortgage interest payments has actually declined during the pandemic." Meanwhile, the wealth of renters pales in comparison to the wealth of homeowners as wages increased much slower than rents. Thus, Divounguy explains that "the benefits of buying are still there for most people." His advice to homebuyers is to "start early on your journey to homeownership," by getting pre-qualified and working with a loan officer to identify how to secure the lowest possible mortgage rate. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
NY Daily News
Prince William removes Queen Camilla’s sister from royal payroll after nearly 20 years
Prince William has removed Queen Camilla’s sister from the royal payroll after nearly two decades, according to the estate he inherited after King Charles was crowned the British monarch. The 42-year-old Prince of Wales decided against rehiring Annabel Elliot as the estate’s interior designer, as noted in the Duchy of Cornwall’s most recent Integrated Annual Report. William received the ...
The Telegraph
Can Kamala’s knitting-obsessed, topless-modelling stepdaughter help her to the presidency?
When Kamala Harris’s stepdaughter described what her parents thought of her tattoos and quirky hair, she said: “I think they’re all in the realm of, like: ‘I don’t understand it, but I want you to be who you want to be.’”
Reuters
Two billionaire Harris donors hope she will fire FTC Chair Lina Khan
Billionaire Democratic donors Barry Diller and Reid Hoffman said in interviews this week they hope Kamala Harris will replace Federal Trade Commission Chair Lina Khan if she becomes U.S. president, openly rejecting a pillar of President Joe Biden's antitrust policy. Khan has been at the forefront of the Biden administration's push to use U.S. antitrust law to boost competition and address high prices and low wages. Khan, who oversaw the FTC's ban on noncompete agreements, has drawn the ire of corporate groups, but won fans including Donald Trump's running mate, JD Vance, for her skepticism towards big business.
The Daily Beast
Donald Trump: ‘I Couldn’t Care Less’ If I Mispronounce Kamala Harris’ Name
Donald Trump said he “couldn’t care less” about how to correctly pronounce Kamala Harris’ name after months of flubs which have led to claims he might be doing it intentionally.Speaking during a Friday appearance at the Turning Point USA Believers Summit in West Palm Beach, Florida, he claimed there were seven different ways to say his presidential rival’s name.After Trump called Harris “liberal” and “radical,” he defended the way he previously flubbed her name, claiming her name can be pronounc
People
Cindy Crawford and Kaia Gerber Have a Stylish Mother-Daughter Olympics Outing
The fashion icon and her model daughter enjoyed the opening ceremony in Paris together on Friday, July 26
Malay Mail
Settle differences within Perikatan, not publicly, Gerakan info chief tells PAS counterpart
KUALA LUMPUR, July 28 — Gerakan has urged its fellow Perikatan Nasional (PN) component parties to resolve issues interna...
People
Prince William and King Charles Clashed Over Use of Helicopter for Kate Middleton and Their Children, New Book Claims
The alleged disagreement between the royals is detailed in a new biography about the Princess of Wales
HuffPost Life
27 People Who Got Divorced After 20+ Years Of Marriage Share Their Heartbreaking Stories
"I left him after 32 years together. It's been five years, and I haven't missed him for even a second."
The Telegraph
Watch: Moment knife-wielding gang attack unfolds in back of taxi
Dashcam video footage has captured the moment a knife-wielding gang attacked a man in the back of a taxi in east London.
People
Girl, 12, Was Missing for 2 Months. She Was Just Found with a 31-Year-Old Man She Met Online
Maria Gomez-Perez disappeared from Georgia in May and was found with 31-year-old Antonio Agustin in a different state on July 25
CNN
The US says it has successfully practiced using a low-cost bomb to sink a major surface ship. China is taking note
A very specialized part of the world’s largest naval drills off the northern Hawaiian island of Kauai is gaining attention on both sides of the Pacific.

Latest stories