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Best Momentum Stock to Buy for January 20th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 20th:

HudBay Minerals (HBM - Free Report) : This mining company which engages in discovery, production and marketing of base metals in North and Central America, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

HudBay Minerals' shares gained 36.9% over the last three month compared with the S&P 500’s gain of 2.9%. The company possesses a Momentum Score of A.

The Goldman Sachs Group (GS - Free Report) :This leading global financial holding company, which provides IB, securities, investment management, and consumer banking services to a diversified client base, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

The Goldman Sachs Group’s shares gained 26.6% over the last three month compared with the S&P 500’s gain of 2.9%. The company possesses a Momentum Score of A.

Alps Electric (APELY - Free Report) : This Japan-based company, which is mainly engaged in the manufacture and sale of electronic components and audio equipment, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.

Alps Electric’s shares gained 11.4% over the last three month compared with the S&P 500’s gain of 2.9%. 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.


See More Zacks Research for These Tickers


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The Goldman Sachs Group, Inc. (GS) - free report >>

HudBay Minerals Inc (HBM) - free report >>

Alps Electric (APELY) - free report >>

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