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Best Momentum Stock to Buy for March 20th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 20th:

Hang Seng Bank HSNGY: This company which is a world-class financial institution and one of Hong Kong's largest listed companies in terms of market capitalization, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

Hang Seng Bank Ltd. Price and Consensus

Hang Seng Bank Ltd. Price and Consensus
Hang Seng Bank Ltd. Price and Consensus

Hang Seng Bank Ltd. price-consensus-chart | Hang Seng Bank Ltd. Quote

Hang Seng Bank’s shares gained 22% over the last three month compared with the S&P 500’s loss of 4.2%. The company possesses a Momentum Score of A.

Hang Seng Bank Ltd. Price

Hang Seng Bank Ltd. Price
Hang Seng Bank Ltd. Price

Hang Seng Bank Ltd. price | Hang Seng Bank Ltd. Quote

Tokio MarineTKOMY: This Japan-based holding company which is engaged in the non-life insurance, life insurance and asset management businesses, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.7% over the last 60 days.

Tokio Marine Holdings Inc. Price and Consensus

Tokio Marine Holdings Inc. Price and Consensus
Tokio Marine Holdings Inc. Price and Consensus

Tokio Marine Holdings Inc. price-consensus-chart | Tokio Marine Holdings Inc. Quote

Tokio Marine’s shares gained 15.4% over the last three month compared with the S&P 500’s loss of 4.3%. The company possesses a Momentum Score of B.

Tokio Marine Holdings Inc. Price

Tokio Marine Holdings Inc. Price
Tokio Marine Holdings Inc. Price

Tokio Marine Holdings Inc. price | Tokio Marine Holdings Inc. Quote

First Merchants FRME: This bank holding company which is engaged in conducting commercial banking business, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 8.5% over the last 60 days.

First Merchants Corporation Price and Consensus

First Merchants Corporation Price and Consensus
First Merchants Corporation Price and Consensus

First Merchants Corporation price-consensus-chart | First Merchants Corporation Quote

First Merchants’ shares gained 0.7% over the last three month compared with the S&P 500’s loss of 4.3%. The company possesses a Momentum Score of B.

First Merchants Corporation Price

First Merchants Corporation Price
First Merchants Corporation Price

First Merchants Corporation price | First Merchants Corporation 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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Tokio Marine Holdings Inc. (TKOMY) : Free Stock Analysis Report

First Merchants Corporation (FRME) : Free Stock Analysis Report

Hang Seng Bank Ltd. (HSNGY) : Free Stock Analysis Report

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

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