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Best Momentum Stock to Buy for August 9th
Hamilton LaneHamilton Lane(US:HLNE) ZACKSยท2024-08-09 15:00

Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: OppFi, Hamilton Lane, and NexPoint Real Estate Finance Group 1: OppFi (OPFI) - OppFi provides a financial technology platform that helps consumers access credit and has a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for OppFi's current year earnings has increased by 23.3% over the last 60 days [1] - OppFi's shares have gained 26.8% over the last three months, significantly outperforming the S&P 500's gain of 2.1% [2] Group 2: Hamilton Lane (HLNE) - Hamilton Lane is an investment management firm offering private market solutions and also holds a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Hamilton Lane's current year earnings has increased by 6.4% over the last 60 days [2] - Hamilton Lane's shares have gained 18.1% over the last three months, again outperforming the S&P 500's gain of 2.1% [3] Group 3: NexPoint Real Estate Finance (NREF) - NexPoint Real Estate Finance is a real estate investment trust that invests in various types of loans and has a Zacks Rank 1 [4] - The Zacks Consensus Estimate for NexPoint's current year earnings has increased by 7.8% over the last 60 days [4] - NexPoint's shares have gained 5.9% over the last three months, also outperforming the S&P 500's gain of 2.1% [5]