U.S. Markets open in 16 mins

Top Ranked Momentum Stocks to Buy for December 12th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, December 12th:

Famous Dave's of America, Inc. (DAVE): This developer of restaurants 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.

Famous Dave's of America, Inc. Price and Consensus

Famous Dave's of America, Inc. Price and Consensus

Famous Dave's of America, Inc. price-consensus-chart | Famous Dave's of America, Inc. Quote

Famous Dave's of America’s shares gained 91.8% over the last one month more than S&P 500’s gain of 3%. The company possesses a Momentum Score of A.

Famous Dave's of America, Inc. Price

Famous Dave's of America, Inc. Price

Famous Dave's of America, Inc. price | Famous Dave's of America, Inc. Quote

Raven Industries, Inc. (RAVN): This provider of various products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 7.4% over the last 60 days.

Raven Industries, Inc. Price and Consensus

Raven Industries, Inc. Price and Consensus

Raven Industries, Inc. price-consensus-chart | Raven Industries, Inc. Quote

Raven Industries’ shares gained 4% over the last one month. The company possesses a Momentum Score of A.

Raven Industries, Inc. Price

Raven Industries, Inc. Price

Raven Industries, Inc. price | Raven Industries, Inc. Quote

The Toro Company (TTC): This developer of restaurants has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

Toro Company (The) Price and Consensus

Toro Company (The) Price and Consensus

Toro Company (The) price-consensus-chart | Toro Company (The) Quote

Toro’s shares gained 5.1% over the last one month. The company possesses a Momentum Score of A.

Toro Company (The) Price

Toro Company (The) Price

Toro Company (The) price | Toro Company (The) Quote

Avid Technology, Inc. (AVID): This developer of software and hardware for digital media content has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 44.1% over the last 60 days.

Avid Technology, Inc. Price and Consensus

Avid Technology, Inc. Price and Consensus

Avid Technology, Inc. price-consensus-chart | Avid Technology, Inc. Quote

Avid Technology’s shares gained 22.9% over the last one month. The company possesses a Momentum Score of A.

Avid Technology, Inc. Price

Avid Technology, Inc. Price

Avid Technology, Inc. price | Avid Technology, Inc. Quote

See the full list of top ranked stocks here

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

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>


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
 
Toro Company (The) (TTC) : Free Stock Analysis Report
 
Raven Industries, Inc. (RAVN) : Free Stock Analysis Report
 
Famous Dave's of America, Inc. (DAVE) : Free Stock Analysis Report
 
Avid Technology, Inc. (AVID) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research