Back to top

Image: Bigstock

Best Momentum Stocks to Buy for January 7th

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 7:

Centrus Energy Corp. (LEU - Free Report) : This nuclear fuel and services provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days.

Centrus’ shares gained 79.4% over the last six months compared with the S&P 500’s advance of 11.5%. The company possesses a Momentum Score  of A.

Ero Copper Corp. (ERO - Free Report) : This explorer, developer and producer of mining projects in Brazil has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

Ero Copper’s shares gained 30.2% over the last three months compared with the S&P 500’s advance of 2.7%. The company possesses a Momentum Score of B.

Envela Corporation (ELA - Free Report) : This recycling and recommerce services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.

Envela’s shares gained 74.5% over the past three months compared with the S&P 500’s advance of 2.7%. 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


Normally $25 each - click below to receive one report FREE:


Ero Copper Corp. (ERO) - free report >>

Centrus Energy Corp. (LEU) - free report >>

Envela Corporation (ELA) - free report >>

Published in