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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 5th:
PennyMac Financial Services, Inc. (PFSI - Free Report) : This company that is engaged in mortgage banking and investment management activities in the United States has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.6% over the last 60 days.
PennyMac Financial Services, Inc. Price and Consensus
Winnebago Industries, Inc. (WGO - Free Report) : This manufacturer and seller of recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.5% over the last 60 days.
Quidel Corporation (QDEL - Free Report) : This developer and manufacturer of diagnostic testing solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.
Fox Factory Holding Corp. (FOXF - Free Report) : This designer and engineer of ride dynamics products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.8% over the last 60 days.
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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Top Ranked Momentum Stocks to Buy for January 5th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 5th:
PennyMac Financial Services, Inc. (PFSI - Free Report) : This company that is engaged in mortgage banking and investment management activities in the United States has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.6% over the last 60 days.
PennyMac Financial Services, Inc. Price and Consensus
PennyMac Financial Services, Inc. price-consensus-chart | PennyMac Financial Services, Inc. Quote
PennyMac's shares gained 6% over the last one month compared to S&P 500’s rise of +0.2%. The company possesses a Momentum Score of B.
PennyMac Financial Services, Inc. Price
PennyMac Financial Services, Inc. price | PennyMac Financial Services, Inc. Quote
Winnebago Industries, Inc. (WGO - Free Report) : This manufacturer and seller of recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.5% over the last 60 days.
Winnebago Industries, Inc. Price and Consensus
Winnebago Industries, Inc. price-consensus-chart | Winnebago Industries, Inc. Quote
Winnebago's shares gained 4.6% over the last one month. The company possesses a Momentum Score of A.
Winnebago Industries, Inc. Price
Winnebago Industries, Inc. price | Winnebago Industries, Inc. Quote
Quidel Corporation (QDEL - Free Report) : This developer and manufacturer of diagnostic testing solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.
Quidel Corporation Price and Consensus
Quidel Corporation price-consensus-chart | Quidel Corporation Quote
Quidel's shares gained 1.3% over the last one month. The company possesses a Momentum Score of B.
Quidel Corporation Price
Quidel Corporation price | Quidel Corporation Quote
Fox Factory Holding Corp. (FOXF - Free Report) : This designer and engineer of ride dynamics products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.8% over the last 60 days.
Fox Factory Holding Corp. Price and Consensus
Fox Factory Holding Corp. price-consensus-chart | Fox Factory Holding Corp. Quote
Fox Factory's shares gained 9.5% over the last one month. The company possesses a Momentum Score of B.
Fox Factory Holding Corp. Price
Fox Factory Holding Corp. price | Fox Factory Holding Corp. Quote
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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