Best Momentum Stocks to Buy for December 21st

PHI FPAY BRSP

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 21:

FlexShopper, Inc. (FPAY - Free Report) : This financial technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.9% over the last 60 days.

FlexShopper's shares gained 67.9% over the last three months compared with the S&P 500’s advance of 9.8%. The company possesses a Momentum Score of A.

PLDT Inc. (PHI - Free Report) : This company which provides telecommunications and digital services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.  

PLDT's shares gained 20.1% over the last three months compared with the S&P 500’s advance of 9.8%. The company possesses a Momentum Score of A.

BrightSpire Capital, Inc. (BRSP - Free Report) : This commercial real estate credit REIT has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.2% over the last 60 days.

BrightSpire's shares gained 13.9% over the last three months compared with the S&P 500’s advance of 9.8%. 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.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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