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Top Ranked Momentum Stocks to Buy for February 2nd

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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, February 2nd:

Alibaba Group Holding Limited (BABA - Free Report) : This Chinese e-commerce giant has seen the Zacks Consensus Estimate for its current year earnings surging 23.2% over the last 30 days.

Alibaba Group Holding Limited Price and Consensus

 

Alibaba’s shares gained 15% over the past one month, compared with the S&P 500’s gains of 1.8%. The company possesses a Momentum Score of A.

Methanex Corporation (MEOH - Free Report) : This methanol producer has seen the Zacks Consensus Estimate for its current year earnings jumping 14% over the last 30 days.

Methanex Corporation Price and Consensus

 

Methanex’s shares gained 14.4% over the past one month. The company possesses a Momentum Score of A.

Check Point Software Technologies Ltd. (CHKP - Free Report) : This software and combined hardware products and services provider has seen the Zacks Consensus Estimate for its current year earnings improving 8.3% over the last 30 days.

Check Point Software Technologies Ltd. Price and Consensus

 

Check Point Software’s shares rose about 16.6% over the past one month. The company possesses a Momentum Score of B.

Northern Oil and Gas, Inc. (NOG - Free Report) : This independent energy company has seen the Zacks Consensus Estimate for its current year earnings climbing more than 100% over the last 30 days.

Northern Oil and Gas, Inc. Price and Consensus

 

Northern Oil and Gas’ shares gained around 27.3% over the past 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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