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Top Ranked Momentum Stocks to Buy for December 21st

Zacks Equity Research

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 21st:

COUPA SOFTWARE (COUP): This is a cloud-based spend management platform provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

COUPA SOFTWARE Price and Consensus

COUPA SOFTWARE Price and Consensus

COUPA SOFTWARE price-consensus-chart | COUPA SOFTWARE Quote

COUPA SOFTWARE’s shares gained 5.2% over the last one month in contrast with the S&P 500’s decrease of 6.9%. The company possesses a Momentum Score of A.

COUPA SOFTWARE Price

COUPA SOFTWARE Price

COUPA SOFTWARE price | COUPA SOFTWARE Quote

SYNNEX Corporation (SNX): This company provides business process services, mainly Concentrix and technology solutions, and has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1% over the last 60 days.

SYNNEX Corporation Price and Consensus

SYNNEX Corporation Price and Consensus

SYNNEX Corporation price-consensus-chart | SYNNEX Corporation Quote

SYNNEX’s shares gained 6.5% over the last one month. The company possesses a Momentum Score of B.

SYNNEX Corporation Price

SYNNEX Corporation Price

SYNNEX Corporation price | SYNNEX Corporation Quote

Fortinet, Inc. (FTNT): This integrated cybersecurity solutions services provider and has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

Fortinet, Inc. Price and Consensus

Fortinet, Inc. Price and Consensus

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

Fortinet’s shares gained 1.9% over the last one month. The company possesses a Momentum Score of B.

Fortinet, Inc. Price

Fortinet, Inc. Price

Fortinet, Inc. price | Fortinet, 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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