U.S. Markets open in 2 hrs 10 mins
  • S&P Futures

    4,261.00
    +5.00 (+0.12%)
     
  • Dow Futures

    34,189.00
    +107.00 (+0.31%)
     
  • Nasdaq Futures

    14,376.75
    +22.50 (+0.16%)
     
  • Russell 2000 Futures

    2,334.30
    +3.10 (+0.13%)
     
  • Crude Oil

    73.15
    -0.15 (-0.20%)
     
  • Gold

    1,782.80
    +6.10 (+0.34%)
     
  • Silver

    26.23
    +0.18 (+0.67%)
     
  • EUR/USD

    1.1947
    +0.0013 (+0.1075%)
     
  • 10-Yr Bond

    1.4870
    0.0000 (0.00%)
     
  • Vix

    16.00
    -0.32 (-1.96%)
     
  • GBP/USD

    1.3903
    -0.0018 (-0.1265%)
     
  • USD/JPY

    110.7520
    -0.0830 (-0.0749%)
     
  • BTC-USD

    33,560.75
    +190.55 (+0.57%)
     
  • CMC Crypto 200

    801.91
    +15.29 (+1.94%)
     
  • FTSE 100

    7,119.10
    +9.13 (+0.13%)
     
  • Nikkei 225

    29,066.18
    +190.95 (+0.66%)
     

Top Ranked Momentum Stocks to Buy for December 16th

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·3 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 16th:

The Michaels Companies, Inc. (MIK): This arts and crafts specialty retail stores operator has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 27.6% over the last 60 days.

 

The Michaels Companies, Inc. Price and Consensus

The Michaels Companies, Inc. Price and Consensus
The Michaels Companies, Inc. Price and Consensus

The Michaels Companies, Inc. price-consensus-chart | The Michaels Companies, Inc. Quote

 

Michaels’ shares gained 60.5% over the last one month compared with the S&P 500’s growth of 3.1%. The company possesses a Momentum Score of A.

 

The Michaels Companies, Inc. Price

The Michaels Companies, Inc. Price
The Michaels Companies, Inc. Price

The Michaels Companies, Inc. price | The Michaels Companies, Inc. Quote

 

Ternium S.A. (TX): This various steel products provider 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.

 

Ternium S.A. Price and Consensus

Ternium S.A. Price and Consensus
Ternium S.A. Price and Consensus

Ternium S.A. price-consensus-chart | Ternium S.A. Quote

 

Ternium’s shares gained 27.9% over the last one month. The company possesses a Momentum Score of A.

 

Ternium S.A. Price

Ternium S.A. Price
Ternium S.A. Price

Ternium S.A. price | Ternium S.A. Quote

 

Ituran Location and Control Ltd. (ITRN): This location-based services and wireless communications products provider a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.7% over the last 60 days.

 

Ituran Location and Control Ltd. Price and Consensus

Ituran Location and Control Ltd. Price and Consensus
Ituran Location and Control Ltd. Price and Consensus

Ituran Location and Control Ltd. price-consensus-chart | Ituran Location and Control Ltd. Quote

 

Ituran Location and Control’s shares gained 23.3% over the last one month. The company possesses a Momentum Score of A.

 

Ituran Location and Control Ltd. Price

Ituran Location and Control Ltd. Price
Ituran Location and Control Ltd. Price

Ituran Location and Control Ltd. price | Ituran Location and Control Ltd. Quote

 

Evercore Inc. (EVR): This independent investment banking advisory firm has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.5% over the last 60 days.

 

Evercore Inc Price and Consensus

Evercore Inc Price and Consensus
Evercore Inc Price and Consensus

Evercore Inc price-consensus-chart | Evercore Inc Quote

 

Evercore’s shares gained 18.2% over the last one month. The company possesses a Momentum Score of A.

 

Evercore Inc Price

Evercore Inc Price
Evercore Inc Price

Evercore Inc price | Evercore Inc Quote

 

See the full list of top ranked stocks here

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

Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>


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
 
Ternium S.A. (TX) : Free Stock Analysis Report
 
The Michaels Companies, Inc. (MIK) : Free Stock Analysis Report
 
Ituran Location and Control Ltd. (ITRN) : Free Stock Analysis Report
 
Evercore Inc (EVR) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research