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Top Ranked Momentum Stocks to Buy for January 9th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 9th:

Acacia Communications, Inc. (ACIA - Free Report) : This developer and manufacturer of high-speed coherent optical interconnect products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.1% over the last 60 days.

Acacia Communications, Inc. Price and Consensus

Acacia’s shares gained 0.9% over the last one month more than S&P 500’s loss of -2.4%. The company possesses a Momentum Score of B.

Acacia Communications, Inc. Price

Sibanye Gold Limited (SBGL - Free Report) : This precious metals mining company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.

Sibanye Gold Limited Price and Consensus

Sibanye Gold’s shares gained 12.2% over the last one month. The company possesses a Momentum Score of A.

Sibanye Gold Limited Price

COUPA SOFTWARE (COUP - Free Report) : This is a cloud-based spend management platform provider has a Zacks Rank #1 (Strong 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 2.1% over the last one month. The company possesses a Momentum Score of B.

COUPA SOFTWARE Price

AudioEye, Inc. (AEYE - Free Report) : This provider of Web accessibility solutions has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

Audioeye, Inc. Price and Consensus

AudioEye’s shares gained 4.6% over the last one month. The company possesses a Momentum Score of A.

Audioeye, Inc. Price

See the full list of top ranked stocks here

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

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