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Top Ranked Momentum Stocks to Buy for January 13th
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 13th:
Boot Barn Holdings, Inc. (BOOT - Free Report) : This lifestyle retail chain has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.
Northern Technologies International Corporation (NTIC - Free Report) : This developer and marketer of rust and corrosion inhibiting products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.
Northern Technologies International Corporation Price and Consensus
L Brands, Inc. : This specialty retailer of women's intimate and other apparel, personal care, and beauty and home fragrance 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.
Magna International Inc. (MGA - Free Report) : This designer, engineer, and manufacturer of components, assemblies, systems, subsystems, and modules has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Top Ranked Momentum Stocks to Buy for January 13th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 13th:
Boot Barn Holdings, Inc. (BOOT - Free Report) : This lifestyle retail chain has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.
Boot Barn Holdings, Inc. Price and Consensus
Boot Barn Holdings, Inc. price-consensus-chart | Boot Barn Holdings, Inc. Quote
Boot Barn’s shares gained 40.3% over the last one month compared with the S&P 500’s growth of 4%. The company possesses a Momentum Score of A.
Boot Barn Holdings, Inc. Price
Boot Barn Holdings, Inc. price | Boot Barn Holdings, Inc. Quote
Northern Technologies International Corporation (NTIC - Free Report) : This developer and marketer of rust and corrosion inhibiting products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.
Northern Technologies International Corporation Price and Consensus
Northern Technologies International Corporation price-consensus-chart | Northern Technologies International Corporation Quote
Northern Technologies’ shares gained 26.7% over the last one month. The company possesses a Momentum Score of A.
Northern Technologies International Corporation Price
Northern Technologies International Corporation price | Northern Technologies International Corporation Quote
L Brands, Inc. : This specialty retailer of women's intimate and other apparel, personal care, and beauty and home fragrance 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.
L Brands, Inc. Price and Consensus
L Brands, Inc. price-consensus-chart | L Brands, Inc. Quote
L Brands’ shares gained 18.3% over the last one month. The company possesses a Momentum Score of A.
L Brands, Inc. Price
L Brands, Inc. price | L Brands, Inc. Quote
Magna International Inc. (MGA - Free Report) : This designer, engineer, and manufacturer of components, assemblies, systems, subsystems, and modules has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.
Magna International Inc. Price and Consensus
Magna International Inc. price-consensus-chart | Magna International Inc. Quote
Magna’s shares gained 22.2% over the last one month. The company possesses a Momentum Score of A.
Magna International Inc. Price
Magna International Inc. price | Magna International Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>