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Top Ranked Momentum Stocks to Buy for December 4th

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

Altus Midstream Company (ALTM - Free Report) : This company that owns gas gathering, processing, and transmission assets has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.4% over the last 60 days.

 

Altus Midstream’s shares gained more than 100% over the last one month compared with the S&P 500’s growth of 9.1%. The company possesses a Momentum Score of A.

 

Schnitzer Steel Industries, Inc. (SCHN - Free Report) : This company that recycles ferrous and nonferrous scrap metals; and manufactures finished steel products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.3% over the last 60 days.

 

Schnitzer Steel’s shares gained 23.9% over the last one month. The company possesses a Momentum Score of A.

 

Brooks Automation, Inc. (BRKS - Free Report) : This manufacturing automation solutions provider a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.9% over the last 60 days.

 

Brooks Automation’s shares gained 41.6% over the last one month. The company possesses a Momentum Score of A.

 

Patterson Companies, Inc. (PDCO - Free Report) : This dental and animal health products distributor and seller has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 2% over the last 60 days.

 

Patterson Companies’ shares gained 24.6% 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.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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