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Top Ranked Momentum Stocks to Buy for February 6th

Zacks Equity Research

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 6th:

Allegiant Travel Company (ALGT): This leisure travel company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.8% over the last 60 days.

Allegiant Travel Company Price and Consensus

Allegiant Travel Company Price and Consensus

Allegiant Travel Company price-consensus-chart | Allegiant Travel Company Quote

Allegiant Travel’s shares gained 22.1% over the last one month more than S&P 500’s gain of 6.3%. The company possesses a Momentum Score of B.

Allegiant Travel Company Price

Allegiant Travel Company Price

Allegiant Travel Company price | Allegiant Travel Company Quote

ABIOMED, Inc. (ABMD): This developer and seller of medical devices has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

ABIOMED, Inc. Price and Consensus

ABIOMED, Inc. Price and Consensus

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

ABIOMED’s shares gained 8.1% over the last one month. The company possesses a Momentum Score of A.

ABIOMED, Inc. Price

ABIOMED, Inc. Price

ABIOMED, Inc. price | ABIOMED, Inc. Quote

Aduro BioTech, Inc. (ADRO): This immunotherapy company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.

Aduro Biotech, Inc. Price and Consensus

Aduro Biotech, Inc. Price and Consensus

Aduro Biotech, Inc. price-consensus-chart | Aduro Biotech, Inc. Quote

Aduro BioTech’s shares gained 16.4% over the last one month. The company possesses a Momentum Score of B.

Aduro Biotech, Inc. Price

Aduro Biotech, Inc. Price

Aduro Biotech, Inc. price | Aduro Biotech, Inc. Quote

See the full list of top ranked stocks here

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

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


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