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Top Ranked Momentum Stocks to Buy for December 8th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 8th:

The Michaels Companies, Inc. (MIK - Free Report) : This arts and crafts specialty retail stores operator has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

 

The Michaels Companies’ shares gained 48.7% over the last one month compared with the S&P 500’s growth of 5.2%. The company possesses a Momentum Score of A.

 

Alpha and Omega Semiconductor Limited (AOSL - Free Report) : This power semiconductor products developer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.9% over the last 60 days.

 

Alpha and Omega Semiconductor’s shares gained 52.4% over the last one month. The company possesses a Momentum Score of A.

 

Federated Hermes, Inc. (FHI - Free Report) : This asset management holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.

 

Federated Hermes’ shares gained 21.3% over the last one month. The company possesses a Momentum Score of A.

 

Discover Financial Services (DFS - Free Report) : This direct banking and payment services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

Discover Financial Services’ shares gained 21.4% 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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