Top Ranked Momentum Stocks to Buy for January 21st
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 21st:
ABIOMED, Inc. (ABMD): This developer and seller of medical deviceshas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.
ABIOMED, Inc. Price and Consensus
ABIOMED, Inc. price-consensus-chart | ABIOMED, Inc. Quote
ABIOMED’s shares gained 18.7% over the last one month more than S&P 500’s gain of 13.6%. The company possesses a Momentum Score of A.
ABIOMED, Inc. Price
ABIOMED, Inc. price | ABIOMED, Inc. Quote
Genesco Inc. (GCO): This footwear and apparel retailer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.
Genesco Inc. Price and Consensus
Genesco Inc. price-consensus-chart | Genesco Inc. Quote
Genesco’s shares gained 17.4% over the last one month. The company possesses a Momentum Score of A.
Genesco Inc. Price
Genesco Inc. price | Genesco Inc. Quote
Wynn Resorts, Limited (WYNN): This destination casino resorts operator has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.
Wynn Resorts, Limited Price and Consensus
Wynn Resorts, Limited price-consensus-chart | Wynn Resorts, Limited Quote
Wynn Resorts’ shares gained 25.2% over the last one month. The company possesses a Momentum Score of A.
Wynn Resorts, Limited Price
Wynn Resorts, Limited price | Wynn Resorts, Limited Quote
ArcBest Corporation (ARCB): This provider of freight transportation services has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.
ArcBest Corporation Price and Consensus
ArcBest Corporation price-consensus-chart | ArcBest Corporation Quote
ArcBest’s shares gained 20.3% over the last one month. The company possesses a Momentum Score of B.
ArcBest Corporation Price
ArcBest Corporation price | ArcBest Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?
Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.
See Latest Stocks Today >>
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
Genesco Inc. (GCO) : Free Stock Analysis Report
ABIOMED, Inc. (ABMD) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research