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Top Ranked Momentum Stocks to Buy for December 31st
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 31st:
W&T Offshore, Inc. (WTI - Free Report) : This independent oil and natural gas producer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
Genesco Inc. (GCO - Free Report) : This retailer and wholesaler of footwear, apparel, and accessorieshas a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 6% over the last 60 days.
Express, Inc. : This apparel and accessories retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 45.8% over the last 60 days.
RH (RH - Free Report) : This retailer of home furnishings has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.
Would you like to see the updated picks from our best market-beating strategies? From 2017 through Q3 2019, while the S&P 500 gained +39.6%, five of our strategies returned +51.8%, +57.5%, +96.9%, +119.0%, and even +158.9%.
This outperformance has not just been a recent phenomenon. From 2000 – Q3 2019, while the S&P averaged +5.6% per year, our top strategies averaged up to +54.1% per year.
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Top Ranked Momentum Stocks to Buy for December 31st
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 31st:
W&T Offshore, Inc. (WTI - Free Report) : This independent oil and natural gas producer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
W&T Offshore, Inc. Price and Consensus
W&T Offshore, Inc. price-consensus-chart | W&T Offshore, Inc. Quote
W&T Offshore’s shares gained 33.6% over the last one month above the S&P 500’s increase 3.4%. The company possesses a Momentum Score of A.
W&T Offshore, Inc. Price
W&T Offshore, Inc. price | W&T Offshore, Inc. Quote
Genesco Inc. (GCO - Free Report) : This retailer and wholesaler of footwear, apparel, and accessorieshas a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 6% over the last 60 days.
Genesco Inc. Price and Consensus
Genesco Inc. price-consensus-chart | Genesco Inc. Quote
Genesco’s shares gained nearly 31% over the last one month. The company possesses a Momentum Score of A.
Genesco Inc. Price
Genesco Inc. price | Genesco Inc. Quote
Express, Inc. : This apparel and accessories retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 45.8% over the last 60 days.
Express, Inc. Price and Consensus
Express, Inc. price-consensus-chart | Express, Inc. Quote
Express’ shares gained 31.9% over the last one month. The company possesses a Momentum Score of A.
Express, Inc. Price
Express, Inc. price | Express, Inc. Quote
RH (RH - Free Report) : This retailer of home furnishings has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.
RH Price and Consensus
RH price-consensus-chart | RH Quote
RH’s shares gained 6.4% over the last one month. The company possesses a Momentum Score of A.
RH Price
RH price | RH Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through Q3 2019, while the S&P 500 gained +39.6%, five of our strategies returned +51.8%, +57.5%, +96.9%, +119.0%, and even +158.9%.
This outperformance has not just been a recent phenomenon. From 2000 – Q3 2019, while the S&P averaged +5.6% per year, our top strategies averaged up to +54.1% per year.
See their latest picks free >>