Best Momentum Stocks to Buy for January 24th

EVR VIPS VCYT

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

Vipshop Holdings Limited (VIPS - Free Report) : This company that operates online platforms for various brands in China has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.2% over the last 60 days.

Vipshop’s shares gained 109.9% over the last three months compared with the S&P 500’s advance of 2.4%. The company possesses a Momentum Score of A.

 

 

Veracyte, Inc. (VCYT - Free Report) : This diagnostics company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.

Veracyte’s shares gained 49.3% over the last three months compared with the S&P 500’s advance of 2.4%. The company possesses a Momentum Score of B.

Evercore Inc. (EVR - Free Report) : This independent investment banking advisory firm has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Evercore’s shares gained 32.3% over the last three months compared with the S&P 500’s advance of 2.4%. 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.

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 >>