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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 8th:
ACM Research, Inc. (ACMR - Free Report) : This developer, manufacturer, and seller of single-wafer wet cleaning equipment has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.3% over the last 60 days.
The Goldman Sachs Group, Inc. (GS - Free Report) : This investment banking, securities, and investment management company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.
Rio Tinto Group (RIO - Free Report) : This designer, manufacturer, and supplier of foodservice equipment has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.9% over the last 60 days.
Quanex Building Products Corporation (NX - Free Report) : This provider of components for the fenestration industry has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.6% over the last 60 days.
Quanex Building Products Corporation Price and Consensus
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Image: Bigstock
Top Ranked Momentum Stocks to Buy for January 8th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 8th:
ACM Research, Inc. (ACMR - Free Report) : This developer, manufacturer, and seller of single-wafer wet cleaning equipment has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.3% over the last 60 days.
ACM Research, Inc. Price and Consensus
ACM Research, Inc. price-consensus-chart | ACM Research, Inc. Quote
ACM Research’s shares gained 19.2% over the last one month in contrast the S&P 500’s growth of 3%. The company possesses a Momentum Score of A.
ACM Research, Inc. Price
ACM Research, Inc. price | ACM Research, Inc. Quote
The Goldman Sachs Group, Inc. (GS - Free Report) : This investment banking, securities, and investment management company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.
The Goldman Sachs Group, Inc. Price and Consensus
The Goldman Sachs Group, Inc. price-consensus-chart | The Goldman Sachs Group, Inc. Quote
Goldman Sachs’ shares gained 22.3% over the last one month. The company possesses a Momentum Score of A.
The Goldman Sachs Group, Inc. Price
The Goldman Sachs Group, Inc. price | The Goldman Sachs Group, Inc. Quote
Rio Tinto Group (RIO - Free Report) : This designer, manufacturer, and supplier of foodservice equipment has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.9% over the last 60 days.
Rio Tinto PLC Price and Consensus
Rio Tinto PLC price-consensus-chart | Rio Tinto PLC Quote
Rio Tinto’s shares gained 17.8% over the last one month. The company possesses a Momentum Score of A.
Rio Tinto PLC Price
Rio Tinto PLC price | Rio Tinto PLC Quote
Quanex Building Products Corporation (NX - Free Report) : This provider of components for the fenestration industry has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.6% over the last 60 days.
Quanex Building Products Corporation Price and Consensus
Quanex Building Products Corporation price-consensus-chart | Quanex Building Products Corporation Quote
Quanex Building Products’ shares gained 16.9% over the last one month. The company possesses a Momentum Score of A.
Quanex Building Products Corporation Price
Quanex Building Products Corporation price | Quanex Building Products Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
Click here for the 6 trades >>