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Top Ranked Momentum Stocks to Buy for January 24th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 24th:

Northrop Grumman Corporation (NOC - Free Report) : This is a provider of defense and surveillance products and has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Northrop Grumman’s shares gained 16.2% over the last one month against the S&P 500’s rise of 6.9%. The company possesses a Momentum Score of B.

CrossAmerica Partners LP (CAPL - Free Report) : This wholesale distributor of motor fuel and real estate leasing company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

CrossAmerica Partners’ shares gained 23% over the last one month. The company possesses a Momentum Score of A.

Phillips 66 Partners LP (PSXP - Free Report) : This petroleum products developer and midstream assets owner has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.

Phillips 66 Partners’ shares gained 12.9% over the last one month. The company possesses a Momentum Score of A.

Ally Financial Inc. (ALLY - Free Report) : This financial products and services provider has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Ally Financial’s shares gained 15.5% 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.

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