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Top Ranked Momentum Stocks to Buy for January 4th

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

Buenaventura Mining Company Inc. (BVN):This precious metals mining company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.

Buenaventura Mining Company Inc. Price and Consensus

Buenaventura Mining Company Inc. Price and Consensus
Buenaventura Mining Company Inc. Price and Consensus

Buenaventura Mining Company Inc. price-consensus-chart | Buenaventura Mining Company Inc. Quote

Buenaventura Mining’s shares gained 13.87% over the last one month in contrast with the S&P 500’s decrease of 9.34%. The company possesses a Momentum Score of A.

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Buenaventura Mining Company Inc. Price

Buenaventura Mining Company Inc. Price
Buenaventura Mining Company Inc. Price

Buenaventura Mining Company Inc. price | Buenaventura Mining Company Inc. Quote

China Information Technology, Inc. (TAOP): This cloud-based platform provider company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

China Information Technology, Inc. Price and Consensus

China Information Technology, Inc. Price and Consensus
China Information Technology, Inc. Price and Consensus

China Information Technology, Inc. price-consensus-chart | China Information Technology, Inc. Quote

China Information Technology’ shares gained 13.39% over the last one month. The company possesses a Momentum Score of A.

China Information Technology, Inc. Price

China Information Technology, Inc. Price
China Information Technology, Inc. Price

China Information Technology, Inc. price | China Information Technology, Inc. Quote

SilverBow Resources Inc. (SBOW): This oil and gas production company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.5% over the last 60 days.

SilverBow Resources Inc. Price and Consensus

SilverBow Resources Inc. Price and Consensus
SilverBow Resources Inc. Price and Consensus

SilverBow Resources Inc. price-consensus-chart | SilverBow Resources Inc. Quote

SilverBow Resources’ shares gained 11.74% over the last one month. The company possesses a Momentum Score of A.

SilverBow Resources Inc. Price

SilverBow Resources Inc. Price
SilverBow Resources Inc. Price

SilverBow Resources Inc. price | SilverBow Resources Inc. Quote

Tallgrass Energy GP, LP (TGE): This crude oil transportation services provider has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

Tallgrass Energy GP, LP Price and Consensus

Tallgrass Energy GP, LP Price and Consensus
Tallgrass Energy GP, LP Price and Consensus

Tallgrass Energy GP, LP price-consensus-chart | Tallgrass Energy GP, LP Quote

Tallgrass Energy’ shares gained 8.76% over the last one month. The company possesses a Momentum Score of B.

Tallgrass Energy GP, LP Price

Tallgrass Energy GP, LP Price
Tallgrass Energy GP, LP Price

Tallgrass Energy GP, LP price | Tallgrass Energy GP, LP Quote

See the full list of top ranked stocks here

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

The Hottest Tech Mega-Trend of All                

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Tallgrass Energy GP, LP (TGE) : Free Stock Analysis Report
 
China Information Technology, Inc. (TAOP) : Free Stock Analysis Report
 
SilverBow Resources Inc. (SBOW) : Free Stock Analysis Report
 
Buenaventura Mining Company Inc. (BVN) : Free Stock Analysis Report
 
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