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Best Momentum Stocks to Buy for January 4th

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Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, January 4th:

ImmunoGen, Inc. : This commercial-stage biotechnology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 250% over the last 60 days.

ImmunoGen’s shares gained 88.4% over the last three months compared with the S&P 500’s advance of 10.7%. The company possesses a Momentum Score  of B.

GitLab Inc. (GTLB - Free Report) : This software development company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 285.71% over the last 60 days.

GitLab Inc. Price and Consensus

GitLab Inc. Price and Consensus

GitLab Inc. price-consensus-chart | GitLab Inc. Quote

Gitlab’s shares gained 31% over the last three months compared with the S&P 500’s advance of 10.7%. 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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