Top Ranked Momentum Stocks to Buy for December 4th

CAAS GSAT GLMD SAVA

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 4th:       

Cassava Sciences, Inc. (SAVA - Free Report) : This clinical-stage drug development company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.9% over the last 60 days.

Cassava Sciences’ shares gained 31.8% over the last one month above the S&P 500’s increase0.5%. The company possesses a Momentum Score of B.

China Automotive Systems, Inc. (CAAS - Free Report) : This manufacturer and seller of automotive systems and components has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 87.5% over the last 60 days.

China Automotive Systems’ shares gained 93.4% over the last one month. The company possesses a Momentum Score of B.

Galmed Pharmaceuticals Ltd. (GLMD - Free Report) : This clinical-stage biopharmaceutical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 13.9% over the last 60 days.

Galmed Pharmaceuticals’ shares gained 18.8% over the last one month. The company possesses a Momentum Score of B.

Globalstar, Inc. (GSAT - Free Report) : This provider of mobile satellite voice and data communication services has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Globalstar’s shares gained 0.5% over the last one month. 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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