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Top Ranked Momentum Stocks to Buy for January 24th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 24th:

Tenaris S.A. (TS - Free Report) : This manufacturer of seamless steel pipe productshas a Zacks Rank #2 (Buy) and witnessedthe Zacks Consensus Estimate for its current year earnings jumping 20% over the last 60 days.

Tenaris S.A. Price and Consensus

Tenaris S.A. Price and Consensus | Tenaris S.A. Quote

Tenaris S.A.’s shares gained 24.6% over the last three months higher than S&P 500’s gains of 5.8%. The company possesses a Momentum Score of A.

MGM Resorts International (MGM - Free Report) : This global hospitality company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 0.8% over the last 60 days.

MGM Resorts International’s shares gained 9.2% over the last three months. The company possesses a Momentum Score of B.

Advance Auto Parts, Inc. (AAP - Free Report) : This specialty retailer of automotive parts and accessories has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 0.1% over the last 60 days.

Advance Auto Parts’ shares gained 18.2% over the last three months. The company possesses a Momentum Score of B.

EMCORE Corporation (EMKR - Free Report) : This technology company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings jumping 47.8% over the last 60 days.

EMCORE’s shares gained 48% over the last three months. 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

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