Best Momentum Stocks to Buy for August 13th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 13:

Par Pacific Holdings, Inc. PARR: This  energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24% over the last 60 days.

Par Pacific Holdings, Inc. Price and Consensus

Par Pacific Holdings, Inc. price-consensus-chart | Par Pacific Holdings, Inc. Quote

Par Pacific's shares gained 29.2% over the last three months compared with the S&P 500’s decline of 3.4%. The company possesses a Momentum Score of A.

Par Pacific Holdings, Inc. Price

Par Pacific Holdings, Inc. price | Par Pacific Holdings, Inc. Quote

Diodes Incorporated DIOD: This semiconductor company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.1% over the last 60 days.

Diodes Incorporated Price and Consensus

Diodes Incorporated price-consensus-chart | Diodes Incorporated Quote

Diodes’ shares gained 3.3% over the last three months compared with the S&P 500’s decline of 3.4%. The company possesses a Momentum Score of B.

Diodes Incorporated Price

Diodes Incorporated price | Diodes Incorporated Quote

Heritage Insurance Holdings, Inc. HRTG: This insurance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.7% over the last 60 days.

Heritage Insurance Holdings, Inc. Price and Consensus

Heritage Insurance Holdings, Inc. price-consensus-chart | Heritage Insurance Holdings, Inc. Quote

Heritage Insurance Holdings' shares gained 46.5% over the last three months compared with the S&P 500’s decline shares of 3.4%. The company possesses a Momentum Score of A.

Heritage Insurance Holdings, Inc. Price

Heritage Insurance Holdings, Inc. price | Heritage Insurance Holdings, Inc. Quote

See the full list of top ranked stocks here

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

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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This article originally published on Zacks Investment Research (zacks.com).

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