Best Momentum Stocks to Buy for July 3rd

Core Insights - Two stocks with strong momentum and buy rankings are highlighted for investors: Perimeter Solutions, Inc. and Scorpio Tankers Inc. [1][2] Group 1: Perimeter Solutions, Inc. (PRM) - Perimeter Solutions is a company specializing in firefighting products and lubricant additives [1] - The company has a Zacks Rank of 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for its current year earnings has increased by 67.7% over the last 60 days [1] - Perimeter Solutions' shares have gained 63.3% over the last three months, significantly outperforming the S&P 500's advance of 22.2% [1] - The company possesses a Momentum Score of A, reflecting its strong upward price movement [1] Group 2: Scorpio Tankers Inc. (STNG) - Scorpio Tankers operates as a seaborne transporter of refined petroleum products [2] - The company also holds a Zacks Rank of 1, indicating strong investment potential [2] - The Zacks Consensus Estimate for its current year earnings has increased by 6.4% over the last 60 days [2] - Scorpio Tankers' shares have gained 31.4% over the last three months, again outperforming the S&P 500's advance of 22.2% [2] - The company has a Momentum Score of B, indicating solid but slightly less aggressive momentum compared to Perimeter Solutions [2]