Back to top

Image: Bigstock

Best Momentum Stock to Buy for January 30th

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 30th:

AngloGold Ashanti (AU - Free Report) : This independent, global gold mining company with mines and exploration projects across Continental Africa, South Africa, Americas and Australasia, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year  earnings increasing 13.0% over the last 60 days.

AngloGold Ashanti’s shares gained 61.1% over the last three month compared with the S&P 500’s gain of 5.0%. The company possesses a Momentum Score  of A.

Shinhan Financial Group Co (SHG - Free Report) : This company which provides financial products and services in South Korea and internationally, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.0% over the last 60 days.

Shinhan Financial Group’s shares gained 43.3% over the last three month compared with the S&P 500’s gain of 5.0%. The company possesses a Momentum Score of A.

DBS Group (DBSDY - Free Report) : This bank holding company which is one of the largest companies in terms of market capitalization whose shares are listed on the Singapore Exchange, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year  earnings increasing 20.2% over the last 60 days.

DBS Group’s shares gained 13.1% over the last three month compared with the S&P 500’s gain of 5.0%. The company possesses a Momentum Score of A.

 

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


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


AngloGold Ashanti PLC (AU) - free report >>

DBS Group Holdings Ltd (DBSDY) - free report >>

Shinhan Financial Group Co Ltd (SHG) - free report >>

Published in