U.S. Markets close in 5 hrs 28 mins

Top Ranked Momentum Stocks to Buy for December 3rd

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 3rd:

Coherus BioSciences, Inc. (CHRS): This commercial-stage biotherapeutics company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 52.8% over the last 60 days.

Coherus BioSciences, Inc. Price and Consensus

Coherus BioSciences, Inc. Price and Consensus

Coherus BioSciences, Inc. price-consensus-chart | Coherus BioSciences, Inc. Quote

Coherus BioSciences’ shares gained 7.6% over the last one month above the S&P 500’s increase 1.2%. The company possesses a Momentum Score of A.

Coherus BioSciences, Inc. Price

Coherus BioSciences, Inc. Price

Coherus BioSciences, Inc. price | Coherus BioSciences, Inc. Quote

Ironwood Pharmaceuticals, Inc. (IRWD): This commercial biotechnology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Ironwood Pharmaceuticals, Inc. Price and Consensus

Ironwood Pharmaceuticals, Inc. Price and Consensus

Ironwood Pharmaceuticals, Inc. price-consensus-chart | Ironwood Pharmaceuticals, Inc. Quote

Ironwood Pharmaceuticals’ shares gained 8.2% over the last one month. The company possesses a Momentum Score of A.

Ironwood Pharmaceuticals, Inc. Price

Ironwood Pharmaceuticals, Inc. Price

Ironwood Pharmaceuticals, Inc. price | Ironwood Pharmaceuticals, Inc. Quote

Otonomy, Inc. (OTIC): This biopharmaceutical company that focuses on development of therapeutics for neurotology has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

Otonomy, Inc. Price and Consensus

Otonomy, Inc. Price and Consensus

Otonomy, Inc. price-consensus-chart | Otonomy, Inc. Quote

Otonomy’s shares gained 5.9% over the last one month. The company possesses a Momentum Score of A.

Otonomy, Inc. Price

Otonomy, Inc. Price

Otonomy, Inc. price | Otonomy, Inc. Quote

Unique Fabricating, Inc. (UFAB): This company that engineers and manufactures multi-material foam, rubber, and plastic components has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.

Unique Fabricating, Inc. Price and Consensus

Unique Fabricating, Inc. Price and Consensus

Unique Fabricating, Inc. price-consensus-chart | Unique Fabricating, Inc. Quote

Unique Fabricating’s shares gained 44.2% over the last one month. The company possesses a Momentum Score of B.

Unique Fabricating, Inc. Price

Unique Fabricating, Inc. Price

Unique Fabricating, Inc. price | Unique Fabricating, Inc. Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.

See 7 handpicked stocks now >>


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
 
Unique Fabricating, Inc. (UFAB) : Free Stock Analysis Report
 
Otonomy, Inc. (OTIC) : Free Stock Analysis Report
 
Ironwood Pharmaceuticals, Inc. (IRWD) : Free Stock Analysis Report
 
Coherus BioSciences, Inc. (CHRS) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research