Best Momentum Stock to Buy for January 6th

BAESY JSAIY CCEP

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 6th:

Bae Systems (BAESY - Free Report) : This global company which is engaged in the development, delivery and support of advanced defense and aerospace systems in the air, on land and at sea, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

Bae Systems’s shares gained 9.9% over the last three month compared with the S&P 500’s gain of 3.7%. The company possesses a Momentum Score of A.

Coca-Cola Europacific Partners (CCEP - Free Report) : This consumer-packaged goods company which is engaged in producing, distributing and marketing non-alcoholic ready-to-drink beverages, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.5% over the last 60 days.

Coca-Cola Europacific Partners’s shares gained 25.1% over the last three month compared with the S&P 500’s gain of 3.7%. The company possesses a Momentum Score of A.

J. Sainsbury (JSAIY - Free Report) : This company which is a leading UK-based food retailer with interests in financial services, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

J. Sainsbury’s shares gained 51.9% over the last three month compared with the S&P 500’s gain of 3.7%. 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 >>