Back to top

Top Ranked Momentum Stocks to Buy for December 31st

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 31st:

Tribune Media Company (TRCO - Free Report) : This media and entertainment company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its next year earnings increasing 7.8% over the last 60 days.

Tribune Media’s shares gained 1% over the last one month in contrast with the S&P 500’s decrease of 10.9%. The company possesses a Momentum Score of B.

KCAP Financial, Inc. (KCAP - Free Report) : This business development company that specializes in investments has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its next year earnings increasing 7.1% over the last 60 days.

KCAP Financial’s shares gained 13.6% over the last one month. The company possesses a Momentum Score of A.

Manning & Napier, Inc. (MN - Free Report) : This publicly-owned investment management company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 14.3% over the last 60 days.

Manning & Napier’s shares gained 0.5% over the last one month. The company possesses a Momentum Score of A.

AutoZone, Inc. (AZO - Free Report) : This automotive accessories retailer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 1.4% over the last 60 days.

AutoZone’s shares gained 1.8% over the last one month. The company possesses a Momentum Score of B.

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.     

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.  

See the pot trades we're targeting>>      



More from Zacks Zacks #1 Rank Additions

You May Like