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Top Ranked Momentum Stocks to Buy for January 23rd
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 23rd:
Itron, Inc. (ITRI - Free Report) : This technology and service company that provides end-to-end solutions that measures, manages, and analyzes energy and water use has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.
Cable One, Inc. (CABO - Free Report) : This company that owns and operates cable systems that provide data, video, and voice services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.
Installed Building Products, Inc. (IBP - Free Report) : This company engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.
Installed Building Products, Inc. Price and Consensus
Teradyne, Inc. (TER - Free Report) : This company that designs, develops, manufactures, sells, and supports automatic test equipment has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Top Ranked Momentum Stocks to Buy for January 23rd
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 23rd:
Itron, Inc. (ITRI - Free Report) : This technology and service company that provides end-to-end solutions that measures, manages, and analyzes energy and water use has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.
Itron, Inc. Price and Consensus
Itron, Inc. price-consensus-chart | Itron, Inc. Quote
Itron shares gained 4% over the last one month above the S&P 500’s increase 3%. The company possesses a Momentum Score of A.
Itron, Inc. Price
Itron, Inc. price | Itron, Inc. Quote
Cable One, Inc. (CABO - Free Report) : This company that owns and operates cable systems that provide data, video, and voice services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.
Cable One, Inc. Price and Consensus
Cable One, Inc. price-consensus-chart | Cable One, Inc. Quote
Cable One shares gained 9.9% over the last one month. The company possesses a Momentum Score of A.
Cable One, Inc. Price
Cable One, Inc. price | Cable One, Inc. Quote
Installed Building Products, Inc. (IBP - Free Report) : This company engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.
Installed Building Products, Inc. Price and Consensus
Installed Building Products, Inc. price-consensus-chart | Installed Building Products, Inc. Quote
Installed Building Products shares gained 8.7% over the last one month. The company possesses a Momentum Score of A.
Installed Building Products, Inc. Price
Installed Building Products, Inc. price | Installed Building Products, Inc. Quote
Teradyne, Inc. (TER - Free Report) : This company that designs, develops, manufactures, sells, and supports automatic test equipment has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.
Teradyne, Inc. Price and Consensus
Teradyne, Inc. price-consensus-chart | Teradyne, Inc. Quote
Teradyne’s shares gained 6.5% over the last one month. The company possesses a Momentum Score of A.
Teradyne, Inc. Price
Teradyne, Inc. price | Teradyne, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>