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Best Momentum Stock to Buy for February 12th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 12th:

Allied Gold Corporation (AAUC - Free Report) : This gold producer, which operates a portfolio of producing assets and development projects located principally in Cote d'Ivoire, Mali and Ethiopia, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.8% over the last 60 days.

Allied Gold Corporation’s shares gained 87.6% over the last three month compared with the S&P 500’s gain of 1.2%. The company possesses a Momentum Score of A.

Proto Labs (PRLB - Free Report) : This company, which is an online and technology-enabled quick-turn manufacturer of custom parts for prototyping and short-run production, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.

Proto Labs’ shares gained 34.7% over the last three month compared with the S&P 500’s gain of 1.2%. The company possesses a Momentum Score of A.

RBC Bearings (RBC - Free Report) : This company, which manufactures and distributes engineered bearings and precision components, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.

RBC Bearings’ shares gained 23.6% over the last three month compared with the S&P 500’s gain of 1.2%. 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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RBC Bearings Incorporated (RBC) - free report >>

Proto Labs, Inc. (PRLB) - free report >>

Allied Gold Corporation (AAUC) - free report >>

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