Investors largely sat on their hands to start the week as headlines and social media posts about the U.S. and Iran provide constantly contradicting updates. The stock market dipped on Tuesday heading into the release of July CPI data on Wednesday.
Still, Nvidia kicked off the week by making a splashy deal with Wall Street giants including Apollo Global Management, BlackRock, and Goldman Sachs to help raise $500 billion to fund the AI-infrastructure build-out, according to a Financial Times report. The half-trillion in new AI infrastructure spending is the latest bullish sign for an AI-driven Wall Street.
Even if July inflation data comes in slightly hot, the bulls have already bought the dip on all things AI and taken the S&P 500 to new all-time highs and the Nasdaq within touching distance of its peaks.
Therefore, investors likely want to keep buying stocks in the second half of 2026. Today we highlight how investors can find stocks that have already proven themselves to be winners in the 2026 market conditions.
The momentum stocks this screen puts on your radar have also seen strong upward earnings revisions, earning them Zacks Rank #1 (Strong Buys). Let’s dive into how investors can find the best "Strong Buy" momentum stocks to buy now in August.
Screen Basics: Finding the Best Momentum Stocks to Buy
The screen we are looking into today comes loaded with the Research Wizard. The screen helps investors dig through all of the Zacks Rank #1 (Strong Buy) stocks, of which there are over 200 at any given time, to find some of the top momentum names.
The screen narrows down the list of Zacks Rank #1 (Strong Buy) stocksto those with upward price momentum that are also trading within 20% of their 52-week highs. The screen then uses the PEG ratio and the Price to Sales ratio to help make sure investors are getting value as well. The screen then makes your life a little easier and narrows it down to just seven stock picks.
The screen basics are listed below…
· Zacks Rank = #1 (Strong Buy)
· Current Price/52-week High >= 0.8
· PEG Ratio: P/E F(1)/EPS Growth <= 1
· Price/Sales <= 3
· Percentage Change Price -12 Weeks = Top # 7
This strategy comes loaded with the Research Wizard and it is called bt_sow_momentum_method1 It can be found in the SoW (Screen of the Week) folder.
The screen is simple, yet powerful. Here is one of the seven stocks that made it through this week's screen…
Buy Skyrocketing Oilfield Services Stock NESR for Huge Earnings Growth?
National Energy Services Reunited NESR is an oilfield services company operating around the Middle East and North Africa. NESR helps oil and gas companies “unlock the full potential of their reservoirs” through production services such as hydraulic fracturing, cementing, coiled tubing, filtration, pumping and nitrogen services and beyond.
On top of that, NESR helps its customers “access their reservoirs in a smarter and faster manner” by providing drilling and evaluation services, including drilling downhole tools, fishing tools, testing services, rig services, and more.
In short, NESR supplies the equipment and expertise that keep oil and gas production flowing in key energy markets.
Image Source: Zacks Investment Research
The company’s revenue soared 59% in Q2 2026 and its grew its adjusted earnings by 109% YoY to $0.44 a share, crushing our estimate by 26%. National Energy Services Reunited has crushed our bottom-line estimates for the four straight quarters, with its upward EPS revisions earning it a Zacks Rank #1 (Strong Buy).
NESR is projected to grow its EPS by 112% in 2026 and follow that up with another 49% growth next year. It is projected to expand its revenue by 47% YoY in FY26 and 23% next year.
Image Source: Zacks Investment Research
The oilfield services stock has skyrocketed 420% in the past year to break out miles above its previous 2021 highs. Wall Street loves National Energy Services Reunited stock, with all eight of the brokerage recommendations Zacks has at “Strong Buys.”
Get the rest of the stocks on this list and start looking for the newest companies that fit these criteria. It's easy to do. And it could help you find your next big winner. Start screening for these companies today with a free trial to the Research Wizard. You can do it.
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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: www.zacks.com/performance_disclosure
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