Top Ranked Momentum Stocks to Buy for December 5th

MRVL AAOI

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, December 5th:

Kayne Anderson Energy Development Company : This company has seen the Zacks Consensus Estimate for its current year earnings surging more than 100% over the last 30 days.

KAYNE ANDSN EGY Price and Consensus

 

Kayne Anderson Energy Development’s shares gained 9.2% over the past one month, compared with the S&P 500’s gain of 4.4%. The company possess a Momentum Score of A.

KAYNE ANDSN EGY Price

 

Marvell Technology Group Ltd. (MRVL - Free Report) : This integrated circuits maker has seen the Zacks Consensus Estimate for its current year earnings jumping 85.2% over the last 30 days.

MARVELL TECH GP Price and Consensus

 

Marvell Technology’s shares gained 11% over the past one month. The company possesses a Momentum Score of A.

MARVELL TECH GP Price

 

Applied Optoelectronics, Inc. (AAOI - Free Report) : This fiber-optic networking products maker has seen the Zacks Consensus Estimate for its current year earnings soaring 58.8% over the last 30 days.

APPLIED OPTOELE Price and Consensus

 

Applied Optoelectronics’ shares rose about 16.2% over the past one month. The company possesses a Momentum Score of B.

APPLIED OPTOELE Price

 

Transmontaigne Partners L.P. : This integrated terminaling, storage, transportation, and related services provider has seen the Zacks Consensus Estimate for its current year earnings gaining 5.1% over the last 30 days.

TRANSMONTN PTNR Price and Consensus

 

Transmontaigne’s shares gained around 10.1% over the past one month. The company possesses a Momentum Score of B.

TRANSMONTN PTNR Price

 

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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Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

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