Top Ranked Momentum Stocks to Buy for January 13th

Zacks Equity Research

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-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 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-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. 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-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. 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-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. Quote

See the full list of top ranked stocks here

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

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Zumiez Inc. (ZUMZ) : Free Stock Analysis Report
 
Virtus Investment Partners, Inc. (VRTS) : Free Stock Analysis Report
 
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Silicon Motion Technology Corporation (SIMO) : Free Stock Analysis Report
 
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