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Top Ranked Momentum Stocks to Buy for January 21st

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 21st:

Baidu, Inc. (BIDU - Free Report) : This provider of Internet search services has a Zacks Rank #1 (Strong Buy) 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 30.5% over the last one month compared with the S&P 500’s growth of 4.3%. The company possesses a Momentum Score of A.

 

SunCoke Energy, Inc. (SXC - Free Report) : This independent producer of metallurgical and thermal coal has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

 

SunCoke’s shares gained 19.5% over the last one month. The company possesses a Momentum Score of A.

 

Invesco Ltd. (IVZ - Free Report) : This publicly owned investment manager has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.7% over the last 60 days.

 

Invesco Ltd. Price and Consensus

Invesco Ltd. Price and Consensus

Invesco Ltd. price-consensus-chart | Invesco Ltd. Quote

 

Invesco’s shares gained nearly 20% over the last one month. The company possesses a Momentum Score of A.

 

Kulicke and Soffa Industries, Inc. (KLIC - Free Report) : This designer, manufacturer, and seller of capital equipment and tools to assemble semiconductor devices has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.4% over the last 60 days.

 

Kulicke and Soffa’s shares gained 19% 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.

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. 

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