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Best Momentum Stocks to Buy for January 2nd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 2nd:

BrainsWay Ltd. (BWAY - Free Report) : This company that manufactures non-invasive neurostimulation treatments for mental health disorders has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.

BrainsWay’s shares gained 66.5% over the last three months compared with the S&P 500’s advance of 12.2%. The company possesses a Momentum Score  of A.

Ryanair Holdings plc (RYAAY - Free Report) : This passenger airline company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Ryanair’s shares gained 38.9% over the last three months compared with the S&P 500’s advance of 12.2%. The company possesses a Momentum Score of A.

Equinox Gold Corp. (EQX - Free Report) : This company that engages in the exploration and development of mineral properties has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 72.7% over the last 60 days.

Equinox’s shares gained 15.6% over the last three months compared with the S&P 500’s advance of 12.2%. 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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