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Top Ranked Momentum Stocks to Buy for January 24th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 24th:              

ACM Research, Inc. (ACMR): This company that develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 1% over the last 60 days.        

ACM Research, Inc. Price and Consensus

ACM Research, Inc. Price and Consensus
ACM Research, Inc. Price and Consensus

ACM Research, Inc. price-consensus-chart | ACM Research, Inc. Quote

ACM Research’s shares gained more than 100% over the last one month above the S&P 500’s increase 3.2%. The company possesses a Momentum Score of A.

ACM Research, Inc. Price

ACM Research, Inc. Price
ACM Research, Inc. Price

ACM Research, Inc. price | ACM Research, Inc. Quote

Morgan Stanley (MS): This is a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

Morgan Stanley Price and Consensus

Morgan Stanley Price and Consensus
Morgan Stanley Price and Consensus

Morgan Stanley price-consensus-chart | Morgan Stanley Quote

Morgan Stanley’s shares gained 9.5% over the last one month. The company possesses a Momentum Score of A.

Morgan Stanley Price

Morgan Stanley Price
Morgan Stanley Price

Morgan Stanley price | Morgan Stanley Quote

Signet Jewelers Limited (SIG): This company that engages in the retail sale of diamond jewelry, watches, and other products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days.

Signet Jewelers Limited Price and Consensus

Signet Jewelers Limited Price and Consensus
Signet Jewelers Limited Price and Consensus

Signet Jewelers Limited price-consensus-chart | Signet Jewelers Limited Quote

Signet Jewelers’ shares gained 28.6% over the last one month. The company possesses a Momentum Score of A.

Signet Jewelers Limited Price

Signet Jewelers Limited Price
Signet Jewelers Limited Price

Signet Jewelers Limited price | Signet Jewelers Limited Quote

Xenon Pharmaceuticals Inc. (XENE): This a clinical-stage biopharmaceutical company, engages in developing therapeutics to treat patients with neurological disorders has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 51.4% over the last 60 days.

Xenon Pharmaceuticals Inc. Price and Consensus

Xenon Pharmaceuticals Inc. Price and Consensus
Xenon Pharmaceuticals Inc. Price and Consensus

Xenon Pharmaceuticals Inc. price-consensus-chart | Xenon Pharmaceuticals Inc. Quote

Xenon Pharmaceuticals’ shares gained 12.3% over the last one month. The company possesses a Momentum Score of A.

Xenon Pharmaceuticals Inc. Price

Xenon Pharmaceuticals Inc. Price
Xenon Pharmaceuticals Inc. Price

Xenon Pharmaceuticals Inc. price | Xenon Pharmaceuticals Inc. Quote

See the full list of top ranked stocks here

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

Zacks Top 10 Stocks for 2020

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Xenon Pharmaceuticals Inc. (XENE) : Free Stock Analysis Report
 
Signet Jewelers Limited (SIG) : Free Stock Analysis Report
 
Morgan Stanley (MS) : Free Stock Analysis Report
 
ACM Research, Inc. (ACMR) : Free Stock Analysis Report
 
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Zacks Investment Research