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Top Ranked Momentum Stocks to Buy for December 2nd
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 2nd:
Shinhan Financial Group Co., Ltd. (SHG - Free Report) : This provider of financial products and services has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 56.9% over the last 60 days.
Shinhan Financial Group Co Ltd Price and Consensus
Beacon Roofing Supply, Inc. (BECN - Free Report) : This distributor of residential and non-residential roofing materials, and complementary building products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.2% over the last 60 days.
Ubiquiti Inc. (UI - Free Report) : This developer of networking technology for service providers, enterprises, and consumers has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.1% over the last 60 days.
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.
You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.
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Top Ranked Momentum Stocks to Buy for December 2nd
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 2nd:
Shinhan Financial Group Co., Ltd. (SHG - Free Report) : This provider of financial products and services has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 56.9% over the last 60 days.
Shinhan Financial Group Co Ltd Price and Consensus
Shinhan Financial Group Co Ltd price-consensus-chart | Shinhan Financial Group Co Ltd Quote
Shinhan Financial's shares gained 15.9% over the last one month compared to S&P 500’s rise of +11.8%. The company possesses a Momentum Score of A.
Shinhan Financial Group Co Ltd Price
Shinhan Financial Group Co Ltd price | Shinhan Financial Group Co Ltd Quote
Beacon Roofing Supply, Inc. (BECN - Free Report) : This distributor of residential and non-residential roofing materials, and complementary building products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.2% over the last 60 days.
Beacon Roofing Supply, Inc. Price and Consensus
Beacon Roofing Supply, Inc. price-consensus-chart | Beacon Roofing Supply, Inc. Quote
Beacon Roofing Supply's shares gained 17.9% over the last one month. The company possesses a Momentum Score of A.
Beacon Roofing Supply, Inc. Price
Beacon Roofing Supply, Inc. price | Beacon Roofing Supply, Inc. Quote
Ubiquiti Inc. (UI - Free Report) : This developer of networking technology for service providers, enterprises, and consumers has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.1% over the last 60 days.
Ubiquiti Inc. Price and Consensus
Ubiquiti Inc. price-consensus-chart | Ubiquiti Inc. Quote
Ubiquiti's shares gained 35.5% over the last one month. The company possesses a Momentum Score of A.
Ubiquiti Inc. Price
Ubiquiti Inc. price | Ubiquiti Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
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.
You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>