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Top Ranked Momentum Stocks to Buy for January 4th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 4th:

Buenaventura Mining Company Inc. (BVN - Free Report) :This precious metals mining company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.

Buenaventura Mining’s shares gained 13.87% over the last one month in contrast with the S&P 500’s decrease of 9.34%. The company possesses a Momentum Score of A.

China Information Technology, Inc. (TAOP - Free Report) : This cloud-based platform provider company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

China Information Technology’ shares gained 13.39% over the last one month. The company possesses a Momentum Score of A.

SilverBow Resources Inc. (SBOW - Free Report) : This oil and gas production company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.5% over the last 60 days.

SilverBow Resources’ shares gained 11.74% over the last one month. The company possesses a Momentum Score of A.

Tallgrass Energy GP, LP : This crude oil transportation services provider has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

Tallgrass Energy’ shares gained 8.76% over the last one month. The company possesses a Momentum Score of B.

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 $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 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 >>


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Buenaventura Mining Company Inc. (BVN) - free report >>

SilverBow Resources (SBOW) - free report >>

Taoping Inc. (TAOP) - free report >>

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