5 Momentum Stocks Poised for Growth Despite July's Mixed Performance
Despite July's mixed performance on Wall Street, analysts have identified five momentum stocks that are poised to maintain their growth in August. These stocks have a strong Zacks Rank of #1 (Strong Buy) and a Zacks Momentum Score of A.
The first stock is Comfort Systems USA Inc., which operates primarily in the commercial and industrial heating, ventilation, and air conditioning markets. The company has seen a surge in demand for specialized HVAC solutions due to the data center boom driven by AI, cloud computing, and high-performance computing.
Comfort Systems' backlog as of June 30, 2026, totaled $14.06 billion, increasing 12.9% from March 31, 2026, and jumping 73.2% from a year ago. The company guided 2026 same-store revenue growth in the mid- to high-30% range.
The other four stocks are The Goldman Sachs Group Inc., Vertiv Holdings Co., Seagate Technology Holdings plc, and The Travelers Companies Inc. These companies have seen strong revenue growth in recent quarters due to their focus on durable revenue streams, investment in AI and technology, and a shift in AI workloads from short-lived compute jobs to persistent data reuse.