Best Momentum Stock to Buy for December 5th

LEU PDD

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 5th:

PDD Holdings Inc. (PDD - Free Report) : This company which provides an e-commerce platform allowing users to participate in group buying deals, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.

PDD Holdings’ shares gained 41.3% over the last three month compared with the S&P 500’s gain of 2.2%. The company possesses a Momentum Score of A.

Harpoon Therapeutics : This company which is a clinical-stage immunotherapy company developing a novel class of T cell engagers which harness the power of the body's immune system to treat patients suffering from cancer and other diseases, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 66.9% over the last 60 days.

Harpoon Therapeutics’ shares gained 20.5% over the last three month compared with the S&P 500’s gain of 2.2%. The company possesses a Momentum Score of A.

Centrus Energy (LEU - Free Report) : This company which is a supplier of enriched uranium fuel for commercial nuclear power plants, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.0% over the last 60 days.

Centrus Energy’s shares gained 59.2% over the last six month compared with the S&P 500’s gain of 7.4%. 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.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.2% per year. So be sure to give these hand picked 7 your immediate attention. 

See them now >>