Back to top

Top Ranked Momentum Stocks to Buy for January 16th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 16th:

The Simply Good Foods Company (SMPL - Free Report) : This nutritional food and snack developer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Simply Good Foods’s shares gained 11.5% over the last one month against the S&P 500’s rise of 2.8%. The company possesses a Momentum Score of B.

lululemon athletica inc. (LULU - Free Report) : This athletic apparel retailer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

lululemon athletica’s shares gained 19.7% over the last one month. The company possesses a Momentum Score of A.

Boot Barn Holdings, Inc. (BOOT - Free Report) : This lifestyle retail chain has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4% over the last 60 days.

Boot Barn’s shares gained 38.6% over the last one month. The company possesses a Momentum Score of A.

Five Below, Inc. (FIVE - Free Report) : This specialty value retailer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

Five Below’s shares gained 20.6% over the last one month. 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.

More Stock News: This Is Bigger than the iPhone!                  

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. 

Click here for the 6 trades >>



More from Zacks Zacks #1 Rank Additions

You May Like