Today we have highlighted three momentum stocks.
These three all currently sport a Zacks Rank #1 (Strong Buy). In addition, they enjoy a Momentum grade of “A.”
Take-Two Interactive (TTWO). Thanks to strong digital revenues, Take-Two has emerged as 2017’s hottest video game stock. Shares are up over 134% year-to-date. Furthermore, TTWO is continually testing new highs.
Deutsche Lufthansa AG (DLAKY). The struggles of the domestic airline industry have been well-documented. However, foreign carriers like Lufthansa have actually been soaring recently.
#STMicroelectronics NV (STM). The #semiconductor stocks have dominated the tech landscape this year. And companies like STMicroelectronics have led the pack. STM has gained more than 111% year-to-dates. The company designs chips that are perfect for use in the Internet of Things.