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Top Ranked Momentum Stocks to Buy for January 16th

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

The Simply Good Foods Company (SMPL - Free Report) : This nutritional food and snack developer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Simply Good Foods’s shares gained 11.5% over the last one month against the S&P 500’s rise of 2.8%. The company possesses a Momentum Score of B.

lululemon athletica inc. (LULU - Free Report) : This athletic apparel retailer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

lululemon athletica’s shares gained 19.7% over the last one month. The company possesses a Momentum Score of A.

Boot Barn Holdings, Inc. (BOOT - Free Report) : This lifestyle retail chain has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4% over the last 60 days.

Boot Barn’s shares gained 38.6% over the last one month. The company possesses a Momentum Score of A.

Five Below, Inc. (FIVE - Free Report) : This specialty value retailer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

Five Below’s shares gained 20.6% over the last one month. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here.

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

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