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.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in