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Best Momentum Stock to Buy for January 31st

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

Impinj (PI - Free Report) : This company which provides referral and information network radio frequency identification solutions to the retail, pharmaceutical, healthcare, food and beverage and other industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year  earnings increasing 3.3% over the last 60 days.

Impinj’s shares gained 8.9% over the last three month compared with the S&P 500’s gain of 3.5%. The company possesses a Momentum Score  of A.

Ameriprise Financial (AMP - Free Report) : This company which provides various financial products and services to individual and institutional clients in the United States and internationally, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

Ameriprise Financial’s shares gained 11.2% over the last three month compared with the S&P 500’s gain of 3.5%. The company possesses a Momentum Score of A.

Stora Enso Oyj (SEOAY - Free Report) : This integrated forest products company which produces magazine papers, newsprint, fine papers and packaging boards, areas in which the Group is a global market leader, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year  earnings increasing 15.5% over the last 60 days.

Stora Enso Oyj’s shares gained 11.5% over the last three month compared with the S&P 500’s gain of 3.5%. The company possesses a Momentum Score of A.

 

See the full list of top ranked stocks here

 

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


See More Zacks Research for These Tickers


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Ameriprise Financial, Inc. (AMP) - free report >>

Stora Enso Oyj (SEOAY) - free report >>

Impinj, Inc. (PI) - free report >>

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