Top Ranked Momentum Stocks to Buy for January 13th

In this article:

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 13th:

Silicon Motion Technology Corporation (SIMO): This company that designs, develops, and markets NAND flash controllers for solid state storage devices 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.

Silicon Motion Technology Corporation Price and Consensus

Silicon Motion Technology Corporation Price and Consensus
Silicon Motion Technology Corporation Price and Consensus

Silicon Motion Technology Corporation price-consensus-chart | Silicon Motion Technology Corporation Quote

Silicon Motion Technology’s shares gained 8.6% over the last one month above the S&P 500’s increase 3%. The company possesses a Momentum Score of A.

Silicon Motion Technology Corporation Price

Silicon Motion Technology Corporation Price
Silicon Motion Technology Corporation Price

Silicon Motion Technology Corporation price | Silicon Motion Technology Corporation Quote

Virtus Investment Partners, Inc. (VRTS): This investment management company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.

Virtus Investment Partners, Inc. Price and Consensus

Virtus Investment Partners, Inc. Price and Consensus
Virtus Investment Partners, Inc. Price and Consensus

Virtus Investment Partners, Inc. price-consensus-chart | Virtus Investment Partners, Inc. Quote

Virtus Investment Partners’ shares gained 7.4% over the last one month. The company possesses a Momentum Score of A.

Virtus Investment Partners, Inc. Price

Virtus Investment Partners, Inc. Price
Virtus Investment Partners, Inc. Price

Virtus Investment Partners, Inc. price | Virtus Investment Partners, Inc. Quote

Teekay Tankers Ltd. (TNK): This company provides marine transportation services to oil industries in Bermuda and internationally has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.6% over the last 60 days.

Teekay Tankers Ltd. Price and Consensus

Teekay Tankers Ltd. Price and Consensus
Teekay Tankers Ltd. Price and Consensus

Teekay Tankers Ltd. price-consensus-chart | Teekay Tankers Ltd. Quote

Teekay Tankers’ shares gained 6.2% over the last one month. The company possesses a Momentum Score of A.

Teekay Tankers Ltd. Price

Teekay Tankers Ltd. Price
Teekay Tankers Ltd. Price

Teekay Tankers Ltd. price | Teekay Tankers Ltd. Quote

Zumiez Inc. (ZUMZ): 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 and Consensus

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

Zumiez’s shares gained 13.9% over the last one month. The company possesses a Momentum Score of A.

Zumiez Inc. Price

Zumiez Inc. Price
Zumiez Inc. Price

Zumiez Inc. price | Zumiez Inc. Quote

See the full list of top ranked stocks here

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

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.

See these 7 breakthrough 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
 
Zumiez Inc. (ZUMZ) : Free Stock Analysis Report
 
Virtus Investment Partners, Inc. (VRTS) : Free Stock Analysis Report
 
Teekay Tankers Ltd. (TNK) : Free Stock Analysis Report
 
Silicon Motion Technology Corporation (SIMO) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Advertisement