Top Ranked Momentum Stocks to Buy for January 23rd

Zacks Equity Research Published on January 23, 2020

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 23rd:

Itron, Inc. (ITRI - Free Report) : This technology and service company that provides end-to-end solutions that measures, manages, and analyzes energy and water use has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

Itron shares gained 4% over the last one month above the S&P 500’s increase 3%. The company possesses a Momentum Score of A.

Cable One, Inc. (CABO - Free Report) : This company that owns and operates cable systems that provide data, video, and voice services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Cable One shares gained 9.9% over the last one month. The company possesses a Momentum Score of A.

Installed Building Products, Inc. (IBP - Free Report) : This company engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Installed Building Products shares gained 8.7% over the last one month. The company possesses a Momentum Score of A.

Teradyne, Inc. (TER - Free Report) : This company that designs, develops, manufactures, sells, and supports automatic test equipment has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.

Teradyne’s shares gained 6.5% over the last one month. The company possesses a Momentum Score of A.

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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