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Top Ranked Momentum Stocks to Buy for January 8th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 8th:

Talos Energy Inc. (TALO): This independent exploration and production company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.9% over the last 60 days.

Talos Energy Inc. Price and Consensus

Stone Energy Corporation Price and Consensus
Stone Energy Corporation Price and Consensus

Talos Energy Inc. price-consensus-chart | Talos Energy Inc. Quote

Talos Energy’s shares gained 23.2% over the last one month above the S&P 500’s increase 3.2%. The company possesses a Momentum Score of A.

Talos Energy Inc. Price

Stone Energy Corporation Price
Stone Energy Corporation Price

Talos Energy Inc. price | Talos Energy Inc. Quote

Grupo Financiero Galicia S.A. (GGAL): This financial services holding that provides various financial products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

Grupo Financiero Galicia S.A. Price and Consensus

Grupo Financiero Galicia S.A. Price and Consensus
Grupo Financiero Galicia S.A. Price and Consensus

Grupo Financiero Galicia S.A. price-consensus-chart | Grupo Financiero Galicia S.A. Quote

Grupo Financiero Galicia’s shares gained 13% over the last one month. The company possesses a Momentum Score of A.

Grupo Financiero Galicia S.A. Price

Grupo Financiero Galicia S.A. Price
Grupo Financiero Galicia S.A. Price

Grupo Financiero Galicia S.A. price | Grupo Financiero Galicia S.A. Quote

Forestar Group Inc. (FOR): This real estate development company that engages in the acquisition, entitlement, and development of infrastructure for single-family residential communities has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

Forestar Group Inc Price and Consensus

Forestar Group Inc Price and Consensus
Forestar Group Inc Price and Consensus

Forestar Group Inc price-consensus-chart | Forestar Group Inc Quote

Forestar Group’s shares gained 6.4% over the last one month. The company possesses a Momentum Score of A.

Forestar Group Inc Price

Forestar Group Inc Price
Forestar Group Inc Price

Forestar Group Inc price | Forestar Group Inc Quote

Seaspan Corporation (SSW): This independent charter owner and manager of containerships has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

Seaspan Corporation Price and Consensus

Seaspan Corporation Price and Consensus
Seaspan Corporation Price and Consensus

Seaspan Corporation price-consensus-chart | Seaspan Corporation Quote

Seaspan’s shares gained 5.3% over the last one month. The company possesses a Momentum Score of A.

Seaspan Corporation Price

Seaspan Corporation Price
Seaspan Corporation Price

Seaspan Corporation price | Seaspan Corporation 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 >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Stone Energy Corporation (TALO) : Free Stock Analysis Report
 
Seaspan Corporation (SSW) : Free Stock Analysis Report
 
Grupo Financiero Galicia S.A. (GGAL) : Free Stock Analysis Report
 
Forestar Group Inc (FOR) : Free Stock Analysis Report
 
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