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Top Ranked Momentum Stocks to Buy for January 20th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 20 th :

Reliance Steel & Aluminum Co. (RS): This leading metals service center company has a Zacks Rank #2 (Buy) and witnessedthe Zacks Consensus Estimate for its current year earnings rising 0.2% over the last 60 days.

Reliance Steel & Aluminum Co. Price and Consensus

Reliance Steel & Aluminum Co. Price and Consensus | Reliance Steel & Aluminum Co. Quote

Reliance Steel & Aluminum's shares gained 10.2% over the last three months higher than S&P 500's gains of 5.6%. The company possesses a Momentum Score of B.

Reliance Steel & Aluminum Co. Price

Reliance Steel & Aluminum Co. Price | Reliance Steel & Aluminum Co. Quote

Morgan Stanley (MS): This global financial services firm has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings soaring 10.5% over the last 60 days.

Morgan Stanley Price and Consensus

Morgan Stanley Price and Consensus | Morgan Stanley Quote

Morgan Stanley's shares gained 28.9% over the last three months. The company possesses a Momentum Score of A.

Morgan Stanley Price

Morgan Stanley Price | Morgan Stanley Quote

TransAlta Corporation (TAC): This major Canadian non-regulated electric generation company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings jumping 25% over the last 60 days.

TransAlta Corp. Price and Consensus

TransAlta Corp. Price and Consensus | TransAlta Corp. Quote

TransAlta's shares gained 27.7% over the last three months. The company possesses a Momentum Score of A.

TransAlta Corp. Price

TransAlta Corp. Price | TransAlta Corp. Quote

Movado Group, Inc. (MOV): This designer and distributor of quality watches has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.

Movado Group Inc. Price and Consensus

Movado Group Inc. Price and Consensus | Movado Group Inc. Quote

Movado Group's shares gained 15.7% over the last three months. The company possesses a Momentum Score of A.

Movado Group Inc. Price

Movado Group Inc. Price | Movado Group 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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TransAlta Corp. (TAC): Free Stock Analysis Report

Reliance Steel & Aluminum Co. (RS): Free Stock Analysis Report

Morgan Stanley (MS): Free Stock Analysis Report

Movado Group Inc. (MOV): Free Stock Analysis Report

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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.

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