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Best Momentum Stock to Buy for December 8th

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Here are the stocks with buy rank and strong momentum characteristics for investors to consider today, December 8th:

Mid Penn Bancorp (MPB - Free Report) : This bank holding company engaged in general banking business, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days.

Mid Penn Bancorp’s shares gained 10.7% over the last three month compared with the S&P 500’s gain of 2.4%. The company possesses a Momentum Score of A.

Signet Jewelers (SIG - Free Report) : This Hamilton, Bermuda-based retailer of diamond jewelry, watches as well as other products, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.

Signet Jewelers’s shares gained 27.3% over the last three month compared with the S&P 500’s gain of 2.4%. The company possesses a Momentum Score of A.

Coastal Financial (CCB - Free Report) : This bank holding company that provides accounts checking, savings deposits, money market, mortgage and term loans services, as well as card facilities and internet banking services, through its subsidiaries, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.

Coastal Financial’s shares gained 34.2% over the last three month compared with the S&P 500’s gain of 2.4%. 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.


See More Zacks Research for These Tickers


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Signet Jewelers Limited (SIG) - free report >>

Mid Penn Bancorp (MPB) - free report >>

Coastal Financial Corporation (CCB) - free report >>

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