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Top Ranked Momentum Stocks to Buy for January 18th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 18th:

Boot Barn Holdings, Inc. (BOOT - Free Report) : This lifestyle retail chain has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.6% over the last 60 days.

 

Boot Barn’s shares gained 35.7% over the last one month compared with the S&P 500’s growth of 1.2%. The company possesses a Momentum Score of A.

 

Tesla, Inc. (TSLA - Free Report) : This designer, developer, manufacturer and seller of electric vehicles, and energy generation and storage systems has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.

 

Tesla, Inc. Price and Consensus

Tesla, Inc. Price and Consensus

Tesla, Inc. price-consensus-chart | Tesla, Inc. Quote

 

Tesla’s shares gained nearly 26% over the last one month. The company possesses a Momentum Score of A.

 

Baidu, Inc. (BIDU - Free Report) : This provider of Internet search services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

 

Baidu, Inc. Price and Consensus

Baidu, Inc. Price and Consensus

Baidu, Inc. price-consensus-chart | Baidu, Inc. Quote

 

Baidu’s shares gained 25.7% over the last one month. The company possesses a Momentum Score of A.

 

Hibbett Sports, Inc. (HIBB - Free Report) : This retailer of athletic-inspired fashion products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.1% over the last 60 days.

 

Hibbett Sports’ shares gained 25.2% 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.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Baidu, Inc. (BIDU) - free report >>

Hibbett Sports, Inc. (HIBB) - free report >>

Tesla, Inc. (TSLA) - free report >>

Boot Barn Holdings, Inc. (BOOT) - free report >>