Best Momentum Stocks to Buy for February 2nd

CVX UMBF

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 2nd:

PetroChina : This largest integrated oil company in China has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

PetroChina’s shares gained 9.1% over the last three month compared with the S&P 500’s decline of 3.6%. The company possesses a Momentum Score of A.

Chevron (CVX - Free Report) : This one of the largest publicly traded oil and gas companies in the world has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.

Chevron’s shares gained 19.3% over the last three month compared with the S&P 500’s decline of 3.6%. The company possesses a Momentum Score of A.

UMB Financial (UMBF - Free Report) : This company that provides banking services and asset servicing in the United States has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

UMB Financials’ shares gained 9.5% over the last six month compared with the S&P 500’s growth of 1.8%. 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.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>