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Best Momentum Stock to Buy for December 31st

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 31st:

Ulta Beauty (ULTA - Free Report) : This leading beauty retailer in the United States, which offers a wide range of products including cosmetics, fragrance, skincare, hair care, bath and body products, and salon styling tools in stores, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

Ulta Beauty's shares gained 11% over the last three month compared with the S&P 500’s gain of 3.1%. The company possesses a Momentum Score of A.

UiPath (PATH - Free Report) : This company, which offers an end-to-end platform for automation, combining Robotic Process Automation solution for digital business operations, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

UiPath’s shares gained 24.5% over the last three month compared with the S&P 500’s gain of 3.1%. The company possesses a Momentum Score of A.

Slide Insurance Holdings, Inc. (SLDE - Free Report) : This company, which engages in underwriting single family and condominium policies in the property and casualty industry principally in the United States, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21% over the last 60 days.

Slide Insurance’s shares gained 23.9% over the last three month compared with the S&P 500’s gain of 3.1%. 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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Ulta Beauty Inc. (ULTA) - free report >>

UiPath, Inc. (PATH) - free report >>

Slide Insurance Holdings, Inc. (SLDE) - free report >>

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