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Top Ranked Momentum Stocks to Buy for January 19th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 19th:

Crescent Point Energy Corp. (CPG - Free Report) : This light and medium crude oil and natural gas reserves explorer and producer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

Crescent Point Energy’s shares gained 21.2% over the last one month compared with the S&P 500’s growth of 1.6%. The company possesses a Momentum Score of A.

 

Delek Logistics Partners, LP (DKL - Free Report) : This owner and operator logistics and marketing assets for crude oil, and intermediate and refined products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 48.4% over the last 60 days.

 

Delek Logistics’ shares gained 16.9% over the last one month. The company possesses a Momentum Score of A.

 

L Brands, Inc. (LB - Free Report) : This specialty retailer of women's intimate and other apparel, personal care, and beauty and home fragrance products 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.

 

L Brands, Inc. Price and Consensus

L Brands, Inc. Price and Consensus

L Brands, Inc. price-consensus-chart | L Brands, Inc. Quote

 

L Brands’ shares gained 17% over the last one month. The company possesses a Momentum Score of A.

 

Magna International Inc. (MGA - Free Report) : This manufacturer of components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

 

Magna’s shares gained 14.3% 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.

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.

Today, See These 5 Potential Home Runs >>

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