Markets
AZO

Top Ranked Momentum Stocks to Buy for December 31st

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 31st:

Tribune Media Company (TRCO): This media and entertainment company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its next year earnings increasing 7.8% over the last 60 days.

Tribune Media Company Price and Consensus

Tribune Media Company price-consensus-chart | Tribune Media Company Quote

Tribune Media's shares gained 1% over the last one month in contrast with the S&P 500's decrease of 10.9%. The company possesses a Momentum Score of B.

Tribune Media Company Price

Tribune Media Company price | Tribune Media Company Quote

KCAP Financial, Inc. (KCAP): This business development company that specializes in investments has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its next year earnings increasing 7.1% over the last 60 days.

KCAP Financial, Inc. Price and Consensus

KCAP Financial, Inc. price-consensus-chart | KCAP Financial, Inc. Quote

KCAP Financial's shares gained 13.6% over the last one month. The company possesses a Momentum Score of A.

KCAP Financial, Inc. Price

KCAP Financial, Inc. price | KCAP Financial, Inc. Quote

Manning & Napier, Inc. (MN): This publicly-owned investment management company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 14.3% over the last 60 days.

Manning & Napier, Inc. Price and Consensus

Manning & Napier, Inc. price-consensus-chart | Manning & Napier, Inc. Quote

Manning & Napier's shares gained 0.5% over the last one month. The company possesses a Momentum Score of A.

Manning & Napier, Inc. Price

Manning & Napier, Inc. price | Manning & Napier, Inc. Quote

AutoZone, Inc. (AZO): This automotive accessories retailer has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 1.4% over the last 60 days.

AutoZone, Inc. Price and Consensus

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

AutoZone's shares gained 1.8% over the last one month. The company possesses a Momentum Score of B.

AutoZone, Inc. Price

AutoZone, Inc. price | AutoZone, Inc. Quote

See the full list of top ranked stocks here

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

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>

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

Tribune Media Company (TRCO): Free Stock Analysis Report

Manning & Napier, Inc. (MN): Free Stock Analysis Report

KCAP Financial, Inc. (KCAP): Free Stock Analysis Report

AutoZone, Inc. (AZO): Free Stock Analysis Report

To read this article on Zacks.com click here.

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.


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

In This Story

AZO MN PTMN

Other Topics

Investing Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More