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Top Ranked Momentum Stocks to Buy for December 16th
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 16th:
The Michaels Companies, Inc. : 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 27.6% over the last 60 days.
Ternium S.A. (TX - Free Report) : This various steel products provider 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.
Ituran Location and Control Ltd. (ITRN - Free Report) : This location-based services and wireless communications products provider a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.7% over the last 60 days.
Ituran Location and Control Ltd. Price and Consensus
Evercore Inc. (EVR - Free Report) : This independent investment banking advisory firm has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.5% 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 16th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 16th:
The Michaels Companies, Inc. : 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 27.6% over the last 60 days.
The Michaels Companies, Inc. Price and Consensus
The Michaels Companies, Inc. price-consensus-chart | The Michaels Companies, Inc. Quote
Michaels’ shares gained 60.5% over the last one month compared with the S&P 500’s growth of 3.1%. The company possesses a Momentum Score of A.
The Michaels Companies, Inc. Price
The Michaels Companies, Inc. price | The Michaels Companies, Inc. Quote
Ternium S.A. (TX - Free Report) : This various steel products provider 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.
Ternium S.A. Price and Consensus
Ternium S.A. price-consensus-chart | Ternium S.A. Quote
Ternium’s shares gained 27.9% over the last one month. The company possesses a Momentum Score of A.
Ternium S.A. Price
Ternium S.A. price | Ternium S.A. Quote
Ituran Location and Control Ltd. (ITRN - Free Report) : This location-based services and wireless communications products provider a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.7% over the last 60 days.
Ituran Location and Control Ltd. Price and Consensus
Ituran Location and Control Ltd. price-consensus-chart | Ituran Location and Control Ltd. Quote
Ituran Location and Control’s shares gained 23.3% over the last one month. The company possesses a Momentum Score of A.
Ituran Location and Control Ltd. Price
Ituran Location and Control Ltd. price | Ituran Location and Control Ltd. Quote
Evercore Inc. (EVR - Free Report) : This independent investment banking advisory firm has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.5% over the last 60 days.
Evercore Inc Price and Consensus
Evercore Inc price-consensus-chart | Evercore Inc Quote
Evercore’s shares gained 18.2% over the last one month. The company possesses a Momentum Score of A.
Evercore Inc Price
Evercore Inc price | Evercore 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 >>