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Top Ranked Momentum Stocks to Buy for January 2nd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 2nd:

Allied Motion Technologies Inc. (AMOT - Free Report) : This designer and manufacturer of precision and specialty motion control components has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.7% over the last 60 days.

Allied Motion Technologies, Inc. Price and Consensus

Allied Motion’s shares gained 0.2% over the last one month more than S&P 500’s loss of -7.2%. The company possesses a Momentum Score of A.

Allied Motion Technologies, Inc. Price

COUPA SOFTWARE (COUP - Free Report) : This is a cloud-based spend management platform provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

COUPA SOFTWARE Price and Consensus

COUPA’s shares gained 3.1% over the last one month. The company possesses a Momentum Score of B.

COUPA SOFTWARE Price

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 Company Price and Consensus

Tribune Media’s shares gained 1.3% over the last one month. The company possesses a Momentum Score of B.

Tribune Media Company Price

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 >>




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Tribune Media Company (TRCO) - free report >>

COUPA SOFTWARE (COUP) - free report >>

Allied Motion Technologies, Inc. (AMOT) - free report >>

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