Best Momentum Stocks to Buy for December 22nd

WTS STLA OBDC

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 22:

Stellantis N.V. (STLA - Free Report) : This company that engages in the business of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, and production systems has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Stellantis' shares gained 21.8% over the last three months compared with the S&P 500’s advance of 7.9%. The company possesses a Momentum Score of A.

Watts Water Technologies, Inc. (WTS - Free Report) : This building systems and solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.          

Watts Water Technologies' shares gained 19.4% over the last three months compared with the S&P 500’s advance of 7.9%. The company possesses a Momentum Score of B.

Blue Owl Capital Corporation (OBDC - Free Report) : This business development company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.2% over the last 60 days.

Blue Owl Capital's shares gained 13.2% over the last six months compared with the S&P 500’s advance of 7.5%. 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.

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