Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for December 11th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 11th:

Motorcar Parts of America, Inc. (MPAA - Free Report) : This heavy-duty truck, industrial, marine, and agricultural application replacement parts manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 32.7% over the last 60 days.

 

Motorcar Parts of America’s shares gained 21.9% over the last one month compared with the S&P 500’s growth of 3.5%. The company possesses a Momentum Score of A.

 

Herc Holdings Inc. (HRI - Free Report) : This equipment rental supplier has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 41.5% over the last 60 days. 

 

Herc Holdings’ shares gained 18.2% over the last one month. The company possesses a Momentum Score of A.

 

Steel Dynamics, Inc. (STLD - Free Report) : This steel producer and metal recycler has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

 

Steel Dynamics’ shares gained 16.8% over the last one month. The company possesses a Momentum Score of A.

 

Fiat Chrysler Automobiles N.V. (FCAU - Free Report) : This vehicles, components, and production systems manufacturer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 96.5% over the last 60 days.

 

Fiat Chrysler’s shares gained 16.3% 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.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by referendums and legislation, this industry is expected to blast from an already robust $17.7 billion in 2019 to a staggering $73.6 billion by 2027. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot stocks we're targeting >>