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Best Momentum Stocks to Buy for January 20th
Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, January 20th:
Westlake Chemical (WLK - Free Report) : This vertically integrated international producer and supplier of petrochemicals, polymers and building products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its next year earnings increasing 7.7% over the last 60 days.
Westlake Chemical Corporation Price and Consensus
Westlake Chemical Corporation price-consensus-chart | Westlake Chemical Corporation Quote
Westlake Chemical’s shares gained 5.3% over the last three month compared with the S&P 500’s decline of 0.8%. The company possesses a Momentum Score of A.
Westlake Chemical Corporation Price
Westlake Chemical Corporation price | Westlake Chemical Corporation Quote
Gerdau (GGB - Free Report) : This largest long steel producer in Latin America has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 17.6% over the last 90 days.
Gerdau S.A. Price and Consensus
Gerdau S.A. price-consensus-chart | Gerdau S.A. Quote
Gerdau’s shares gained 13.9% over the last three month compared with the S&P 500’s decline of 0.8%. The company possesses a Momentum Score of A.
Gerdau S.A. Price
Gerdau S.A. price | Gerdau S.A. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.