Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for December 12th

Read MoreHide Full Article

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

Target Corporation (TGT - Free Report) : This general merchandise retailer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.

Target’s shares gained 16.1% over the last one month above the S&P 500’s increase 1.6%. The company possesses a Momentum Score of A.

Shell Midstream Partners, L.P. (SHLX - Free Report) : This company that owns, operates, develops, and acquires pipelines and other midstream assets has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.

Shell Midstream’s shares gained 4.2% over the last one month. The company possesses a Momentum Score of A.

Zumiez Inc. (ZUMZ - Free Report) : This specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 13% over the last 60 days.

Zumiez Inc. Price and Consensus

Zumiez Inc. Price and Consensus

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

Zumiez’s shares gained 9.7% over the last one month. The company possesses a Momentum Score of B.

NetEase, Inc. (NTES - Free Report) : This interactive online community has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 52.5% over the last 60 days.

NetEase’s shares gained 4.7% over the last one month. 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.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.    

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. 

See the pot trades we're targeting>>