Best Momentum Stocks to Buy for January 24th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 24th:

Nouveau Monde Graphite Inc. NMG: This explorer, developer, and evaluator of mineral properties has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 days.

Nouveau Monde Graphite Inc. Price and Consensus

Nouveau Monde Graphite Inc. price-consensus-chart | Nouveau Monde Graphite Inc. Quote

Nouveau Monde’s shares gained 46.9% over the last three months compared with the S&P 500’s advance of 5.3%. The company possesses a Momentum Score of A.

Nouveau Monde Graphite Inc. Price

Nouveau Monde Graphite Inc. price | Nouveau Monde Graphite Inc. Quote

Stitch Fix, Inc. SFIX: This apparel, shoes, and accessories company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 27.9% over the last 60 days.

Stitch Fix, Inc. Price and Consensus

Stitch Fix, Inc. price-consensus-chart | Stitch Fix, Inc. Quote

Stitch Fix’s shares gained 74.2% over the last three months compared with the S&P 500’s advance of 5.3%. The company possesses a Momentum Score of B.

Stitch Fix, Inc. Price

Stitch Fix, Inc. price | Stitch Fix, Inc. Quote

New Found Gold Corp. NFGC: This mineral exploration company focusing on gold deposits has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.4% over the last 60 days.

New Found Gold Corp. Price and Consensus

New Found Gold Corp. price-consensus-chart | New Found Gold Corp. Quote

New Found Gold’s shares gained 7.4% over the past month compared with the S&P 500’s advance of 1.4%. The company possesses a Momentum Score of B.

New Found Gold Corp. Price

New Found Gold Corp. price | New Found Gold Corp. Quote

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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