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Best Momentum Stock to Buy for December 29th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 29th:

Macy's (M - Free Report) : This company, which is an omnichannel retail organization operating stores, websites and mobile applications, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

Macy's shares gained 26.3% over the last three month compared with the S&P 500’s gain of 3.6%. The company possesses a Momentum Score of A.

Bunge Global (BG - Free Report) : This integrated global agribusiness and food company, spanning the farm-to-consumer food chain, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

Bunge Global’s shares gained 10.5% over the last three month compared with the S&P 500’s gain of 3.6%. The company possesses a Momentum Score of A.

Transportadora de Gas del Sur S.A. (TGS - Free Report) : This company which transports natural gas in Argentina, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.3% over the last 60 days.

Transportadora de Gas del Sur S.A.’s shares gained 47.8% over the last three month compared with the S&P 500’s gain of 3.6%. 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.


See More Zacks Research for These Tickers


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Macy's, Inc. (M) - free report >>

Bunge Global SA (BG) - free report >>

Transportadora De Gas Sa Ord B (TGS) - free report >>

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