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Best Momentum Stock to Buy for February 7th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 7th:

NewJersey Resources (NJR - Free Report) : This energy services holding company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.2% over the last 60 days.

NewJersey Resources’s shares gained 18.6% over the last three month compared with the S&P 500’s gain of 7.6%. The company possesses a Momentum Score of A.

Las Vegas Sands (LVS - Free Report) : This company which is a leading international developer of multi-use integrated resorts primarily operating in the U.S. and Asia, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.8% over the last 60 days.

Las Vegas Sands’ shares gained 42.2% over the last three month compared with the S&P 500’s gain of 7.6%. The company possesses a Momentum Score of A.

Silicon Laboratories (SLAB - Free Report) : This company which is a leading provider of silicon, software and solutions for the Internet of Things, Internet infrastructure, industrial automation, consumer and automotive markets, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.3% over the last 60 days.

Silicon Laboratories’ shares gained 40.8% over the last month compared with the S&P 500’s gain of 7.6%. 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.


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Las Vegas Sands Corp. (LVS) - free report >>

Silicon Laboratories, Inc. (SLAB) - free report >>

NewJersey Resources Corporation (NJR) - free report >>

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