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Best Momentum Stocks to Buy for January 9th

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Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, January 9:

AdeiaInc. (ADEA - Free Report) : This media and semiconductor intellectual property licensing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.

Adeia Inc. Price and Consensus

Adeia Inc. Price and Consensus

Adeia Inc. price-consensus-chart | Adeia Inc. Quote

Adeia’s shares gained 14.2% over the last three months compared with the S&P 500’s advance of 5.5%. The company possesses a Momentum Score  of A.

Ares Commercial Real Estate Corporation (ACRE - Free Report) : This specialty finance company from the real estate sector has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 52.7% over the last 60 days.

Ares Commercial’s shares gained 9.7% over the last three months compared with the S&P 500’s advance of 5.5%. 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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