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Top Ranked Momentum Stocks to Buy for February 1st

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, February 1st:

Honda Motor Co., Ltd. (HMC - Free Report) : This automobile manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.

Honda Motor’s shares gained 15.1% over the last one month against the S&P 500’s rise of 10.5%. The company possesses a Momentum Score of B.

Fastenal Company (FAST - Free Report) : This industrial and construction supplies distributor has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

Fastenal’s shares gained 21% over the last one month. The company possesses a Momentum Score of B.

United Technologies Corporation (UTX - Free Report) : This provider of technology products and services to aerospace industries and building systems has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

United Technologies’ shares gained 14.1% over the last one month. The company possesses a Momentum Score of A.

EMCOR Group, Inc. (EME - Free Report) : This electrical and mechanical construction, and facilities services provider has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

EMCOR’s shares gained 12.3% over the last one month. The company possesses a Momentum Score of B.

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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