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Top Ranked Momentum Stocks to Buy for November 29th
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 29th:
Churchill Downs Incorporated (CHDN - Free Report) : This owner and operator of a racing, gaming, and online entertainment company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.
Clarus Corporation (CLAR - Free Report) : This outdoor equipment and apparel manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days.
ACM Research, Inc. (ACMR - Free Report) : This 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 92% over the last 60 days.
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Top Ranked Momentum Stocks to Buy for November 29th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 29th:
Churchill Downs Incorporated (CHDN - Free Report) : This owner and operator of a racing, gaming, and online entertainment company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.
Churchill Downs, Incorporated Price and Consensus
Churchill Downs, Incorporated price-consensus-chart | Churchill Downs, Incorporated Quote
Churchill Downs’ shares gained 13.7% over the last one month more than S&P 500’s gain of 2.3%. The company possesses a Momentum Score of B.
Churchill Downs, Incorporated Price
Churchill Downs, Incorporated price | Churchill Downs, Incorporated Quote
Clarus Corporation (CLAR - Free Report) : This outdoor equipment and apparel manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days.
Clarus Corporation Price and Consensus
Clarus Corporation price-consensus-chart | Clarus Corporation Quote
Clarus’ shares gained 17.7% over the last one month. The company possesses a Momentum Score of A.
Clarus Corporation Price
Clarus Corporation price | Clarus Corporation Quote
ACM Research, Inc. (ACMR - Free Report) : This 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 92% 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 16.5% over the last one month. The company possesses a Momentum Score of B.
ACM Research, Inc. Price
ACM Research, Inc. price | ACM Research, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>