Best Momentum Stock to Buy for January 21st

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

Lam Research LRCX: This company, which is a supplier of wafer fabrication equipment and services to the semiconductor industry, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.

Lam Research Corporation Price and Consensus

Lam Research Corporation Price and Consensus

Lam Research Corporation price-consensus-chart | Lam Research Corporation Quote

Lam Research's shares gained 57.7% over the last three month compared with the S&P 500’s gain of 1.4%. The company possesses a Momentum Score of A.

Lam Research Corporation Price

Lam Research Corporation Price

Lam Research Corporation price | Lam Research Corporation Quote

BNP Paribas BNPQY: This company, which is a European leader in global banking and financial services, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 1.9% over the last 60 days.

BNP Paribas SA Price and Consensus

BNP Paribas SA Price and Consensus

BNP Paribas SA price-consensus-chart | BNP Paribas SA Quote

BNP Paribas’ shares gained 27.7% over the last three month compared with the S&P 500’s gain of 1.4%. The company possesses a Momentum Score of A.

BNP Paribas SA Price

BNP Paribas SA Price

BNP Paribas SA price | BNP Paribas SA Quote

L'Oreal LRLCY: This company, which made cosmetics the focus of all their energy and know-how for nearly a century, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 1.9% over the last 60 days.

L'Oreal SA Price and Consensus

L'Oreal SA Price and Consensus

L'Oreal SA price-consensus-chart | L'Oreal SA Quote

L'Oreal’s shares gained 4.5% over the last three month compared with the S&P 500’s gain of 1.4%. The company possesses a Momentum Score of B.

L'Oreal SA Price

L'Oreal SA Price

L'Oreal SA price | L'Oreal SA Quote

 

See the full list of top ranked stocks here

 

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

Zacks' Research Chief Picks Stock Most Likely to "At Least Double"

Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.

See Our Top Stock to Double (Plus 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

Lam Research Corporation (LRCX) : Free Stock Analysis Report

BNP Paribas SA (BNPQY) : Free Stock Analysis Report

L'Oreal SA (LRLCY) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.