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Top Ranked Momentum Stocks to Buy for December 23rd
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 23rd:
Baidu, Inc. (BIDU - Free Report) : This provider of Internet search services in China and across the world has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.3% over the last 60 days.
Cantel Medical Corp. : This provider of infection prevention and control products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 49.4% over the last 60 days.
Trinseo S.A. (TSE - Free Report) : This manufacturer of synthetic rubber, latex binders, and plastic products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Image: Bigstock
Top Ranked Momentum Stocks to Buy for December 23rd
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 23rd:
Baidu, Inc. (BIDU - Free Report) : This provider of Internet search services in China and across the world has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.3% over the last 60 days.
Baidu, Inc. Price and Consensus
Baidu, Inc. price-consensus-chart | Baidu, Inc. Quote
Baidu's shares gained 40.5% over the last one month compared to S&P 500’s rise of +3.7%. The company possesses a Momentum Score of B.
Baidu, Inc. Price
Baidu, Inc. price | Baidu, Inc. Quote
Cantel Medical Corp. : This provider of infection prevention and control products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 49.4% over the last 60 days.
Cantel Medical Corp. Price and Consensus
Cantel Medical Corp. price-consensus-chart | Cantel Medical Corp. Quote
Cantel Medical's shares gained 36.8% over the last one month. The company possesses a Momentum Score of A.
Cantel Medical Corp. Price
Cantel Medical Corp. price | Cantel Medical Corp. Quote
Trinseo S.A. (TSE - Free Report) : This manufacturer of synthetic rubber, latex binders, and plastic products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
Trinseo S.A. Price and Consensus
Trinseo S.A. price-consensus-chart | Trinseo S.A. Quote
Trinseo's shares gained 26.4% over the last one month. The company possesses a Momentum Score of A.
Trinseo S.A. Price
Trinseo S.A. price | Trinseo S.A. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Click here for the 6 trades >>