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Best Momentum Stocks to Buy for January 16th

Zacks Equity Research
·2 min read

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 16th:

DoubleDown Interactive Co., Ltd. DDI: This digital gaming company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 1921.7% over the last 60 days.

DoubleDown Interactive Co., Ltd. Sponsored ADR Price and Consensus

DoubleDown Interactive Co., Ltd. Sponsored ADR Price and Consensus
DoubleDown Interactive Co., Ltd. Sponsored ADR Price and Consensus

DoubleDown Interactive Co., Ltd. Sponsored ADR price-consensus-chart | DoubleDown Interactive Co., Ltd. Sponsored ADR Quote

DoubleDown’s shares gained 5.5% over the last one month compared with the S&P 500’s advance of 4.6%. The company possesses a Momentum Scoreof B.

DoubleDown Interactive Co., Ltd. Sponsored ADR Price

DoubleDown Interactive Co., Ltd. Sponsored ADR Price
DoubleDown Interactive Co., Ltd. Sponsored ADR Price

DoubleDown Interactive Co., Ltd. Sponsored ADR price | DoubleDown Interactive Co., Ltd. Sponsored ADR Quote

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Okta, Inc. OKTA: This company that provides identity solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 62.5% over the last 60 days.

Okta, Inc. Price and Consensus

Okta, Inc. Price and Consensus
Okta, Inc. Price and Consensus

Okta, Inc. price-consensus-chart | Okta, Inc. Quote

Okta’s shares gained 34% over the last three months compared with the S&P 500’s advance of 7.8%. The company possesses a Momentum Score of B.

Okta, Inc. Price

Okta, Inc. Price
Okta, Inc. Price

Okta, Inc. price | Okta, Inc. Quote

Euronav NV EURN: This crude oil transportation company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.2% over the last 60 days.

Euronav NV Price and Consensus

Euronav NV Price and Consensus
Euronav NV Price and Consensus

Euronav NV price-consensus-chart | Euronav NV Quote

Euronav’s shares gained 16.8% over the last six months compared with the S&P 500’s advance of 3.4%. The company possesses a Momentum Score of A.

Euronav NV Price

Euronav NV Price
Euronav NV Price

Euronav NV price | Euronav NV Quote

 

See the full list of top ranked stocks here

 

Learn more about the Momentum score and how it is calculated here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Euronav NV (EURN) : Free Stock Analysis Report

Okta, Inc. (OKTA) : Free Stock Analysis Report

DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research