December 29, 2024

Best Momentum Stocks to Buy for December 27th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 27:

Payoneer Global Inc. PAYO: This financial technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 40% over the last 60 days.

Payoneer Global Inc. Price and Consensus

Payoneer Global Inc. price-consensus-chart | Payoneer Global Inc. Quote

Payoneer Global’s shares gained 33.3% over the last three months compared with the S&P 500’s advanced of 5.0%. The company possesses a Momentum Score of B.

Payoneer Global Inc. Price

Payoneer Global Inc. price | Payoneer Global Inc. Quote

TDK Corporation TTDKY: This electronic component company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 77.8% over the last 60 days.

TDK Corp. Price and Consensus

TDK Corp. price-consensus-chart | TDK Corp. Quote

TDK Corporation’s shares gained 5.7% over the last one month compared with the S&P 500’s advanced of 0.4%. The company possesses a Momentum Score of B.

TDK Corp. Price

TDK Corp. price | TDK Corp. Quote

Fresenius Medical Care AG FMS: This dialysis service provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

Fresenius Medical Care AG & Co. KGaA Price and Consensus

Fresenius Medical Care AG & Co. KGaA price-consensus-chart | Fresenius Medical Care AG & Co. KGaA Quote

Fresenius Medical Care’s shares gained 7.4% over the last three months compared with the S&P 500’s advanced of 4.7%. The company possesses a Momentum Score of A.

Fresenius Medical Care AG & Co. KGaA Price

Fresenius Medical Care AG & Co. KGaA price | Fresenius Medical Care AG & Co. KGaA Quote

See the full list of top ranked stocks here

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

Research Chief Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report