Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for January 16th

Read MoreHide Full Article

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

Apple Inc. (AAPL - Free Report) : This manufacturer of smartphones, tablets and wearables etc has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.8% over the last 60 days.

Apple Inc. Price and Consensus

Apple Inc. Price and Consensus

Apple Inc. price-consensus-chart | Apple Inc. Quote

Apple’s shares gained 11.2% over the last one month more than S&P 500’s gain of 3.1%. The company possesses a Momentum Score of A.

SYNNEX Corporation (SNX - Free Report) : This provider of business process services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

SYNNEX’s shares gained 17% over the last one month. The company possesses a Momentum Score of A.

Denny's Corporation (DENN - Free Report) : This owner and operator of full-service restaurant chains has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

Denny's shares gained 5.2% over the last one month. The company possesses a Momentum Score of B.

Publicis Groupe S.A. (PUBGY - Free Report) : This provider of marketing, communication and digital transformation services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

Publicis Groupe’s shares gained 7.6% 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.

Free: Zacks’ Single Best Stock Set to Double

Today you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.

See 5 Stocks Set to Double>>

Published in