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Best Momentum Stocks to Buy for January 6th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 6:

Rigel Pharmaceuticals, Inc. (RIGL - Free Report) : This biotechnology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.1% over the last 60 days.

Rigel’s shares gained 39.6% over the last three months compared with the S&P 500’s advance of 2.7%. The company possesses a Momentum Score  of A.

Canadian Imperial Bank of Commerce (CM - Free Report) : This diversified financial institution has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Canadian Imperial’s shares gained 13.7% over the past month compared with the S&P 500’s advance of 2.7%. The company possesses a Momentum Score of A.

NeuroOne Medical Technologies Corporation (NMTC - Free Report) : This medical technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

NeuroOne’s shares gained 16.1% over the last six months compared with the S&P 500’s advance of 10.7%. 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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