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Best Momentum Stocks to Buy for January 6th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 6th:

Driven Brands Holdings (DRVN - Free Report) : This automotive services company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.1% over the last 60 days.

Driven Brands’ shares gained 14.4% over the last three month compared with the S&P 500’s growth of 8.5%. The company possesses a Momentum Score of A.

Macy's (M - Free Report) : This omnichannel retail organization has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.9% over the last 60 days.

Macy's, Inc. Price and Consensus

 

Macy's, Inc. Price and Consensus

Macy's, Inc. price-consensus-chart | Macy's, Inc. Quote

Macy's shares gained 17.4% over the last three month compared with the S&P 500’s growth of 8.5%. The company possesses a Momentum Score of B.

ArcBest (ARCB - Free Report) : This company that provides freight transportation services and solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.

ArcBest's shares gained 16.6% over the last three month compared with the S&P 500’s growth of 8.5%. The company possesses a Momentum Score of B.

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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Macy's, Inc. (M) - free report >>

ArcBest Corporation (ARCB) - free report >>

Driven Brands Holdings Inc. (DRVN) - free report >>

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