Top Ranked Momentum Stocks to Buy for November 29th

ACMR CHDN CLAR

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 29th:

Churchill Downs Incorporated (CHDN - Free Report) : This owner and operator of a racing, gaming, and online entertainment company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.

Churchill Downs, Incorporated Price and Consensus

Churchill Downs’ shares gained 13.7% over the last one month more than S&P 500’s gain of 2.3%. The company possesses a Momentum Score of B.

Churchill Downs, Incorporated Price

Clarus Corporation (CLAR - Free Report) : This outdoor equipment and apparel manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days.

Clarus Corporation Price and Consensus

Clarus’ shares gained 17.7% over the last one month. The company possesses a Momentum Score of A.

Clarus Corporation Price

ACM Research, Inc. (ACMR - Free Report) : This manufacturer and seller of single-wafer wet cleaning equipment has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 92% over the last 60 days.

ACM Research, Inc. Price and Consensus

ACM Research’s shares gained 16.5% over the last one month. The company possesses a Momentum Score of B.

ACM Research, Inc. Price

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

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.

Free: See Our Top Stock and 4 Runners Up >>