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Top Ranked Momentum Stocks to Buy for January 7th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 7th:

Earthstone Energy, Inc. (ESTE): This independent energy company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.

Earthstone Energy, Inc. Price and Consensus

Earthstone Energy, Inc. Price and Consensus

Earthstone Energy, Inc. price-consensus-chart | Earthstone Energy, Inc. Quote

Earthstone Energy’s shares gained 26.6% over the last one month more than S&P 500’s gain of 3.5%. The company possesses a Momentum Score of A.

Earthstone Energy, Inc. Price

Earthstone Energy, Inc. Price

Earthstone Energy, Inc. price | Earthstone Energy, Inc. Quote

FormFactor, Inc. (FORM): This manufacturer of probe cards, analytical probes, integrated measurement systems and related products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

FormFactor, Inc. Price and Consensus

FormFactor, Inc. Price and Consensus

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

FormFactor’s shares gained 13.7% over the last one month. The company possesses a Momentum Score of A.

FormFactor, Inc. Price

FormFactor, Inc. Price

FormFactor, Inc. price | FormFactor, Inc. Quote

AquaVenture Holdings Limited (WAAS): This provider of water-as-a-service solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

AquaVenture Holdings Ltd. Price and Consensus

AquaVenture Holdings Ltd. Price and Consensus

AquaVenture Holdings Ltd. price-consensus-chart | AquaVenture Holdings Ltd. Quote

AquaVenture’s shares gained 23.4% over the last one month. The company possesses a Momentum Score of B.

AquaVenture Holdings Ltd. Price

AquaVenture Holdings Ltd. Price

AquaVenture Holdings Ltd. price | AquaVenture Holdings Ltd. Quote

Performance Food Group Company (PFGC): This marketer and distributor of food and related products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.

Performance Food Group Company Price and Consensus

Performance Food Group Company Price and Consensus

Performance Food Group Company price-consensus-chart | Performance Food Group Company Quote

Performance Food’s shares gained 10.4% over the last one month. The company possesses a Momentum Score of B.

Performance Food Group Company Price

Performance Food Group Company Price

Performance Food Group Company price | Performance Food Group Company Quote

See the full list of top ranked stocks here

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

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.6% per year.

These 7 were selected because of their superior potential for immediate breakout.

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AquaVenture Holdings Ltd. (WAAS) : Free Stock Analysis Report
 
Performance Food Group Company (PFGC) : Free Stock Analysis Report
 
FormFactor, Inc. (FORM) : Free Stock Analysis Report
 
Earthstone Energy, Inc. (ESTE) : Free Stock Analysis Report
 
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