Three Stocks to Buy for Momentum Investing in July 2023

Groupon, Inc. (GRPN) and The Estee Lauder Companies Inc. (EL) have a Zacks Rank #1 and witnessed significant increases in their Zacks Consensus Estimates for current-year earnings. Groupon's shares gained 88.8% over the last three months, while Estee Lauder's shares gained 46.2%. Mitsubishi Corporation (MSBHF) has a Zacks Rank #1 and witnessed a 7.1% increase in its Zacks Consensus Estimate for current-year earnings. Its shares gained 22.8% over the last six months.