Best Momentum Stocks to Buy for November 20th

By: Alex Freidmen

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, November 20:

Brookfield Asset Management Ltd. BAM: This real estate investment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days.

Brookfield Asset Management Ltd. Price and Consensus

Brookfield Asset Management Ltd. Price and Consensus

Brookfield Asset Management Ltd. price-consensus-chart | Brookfield Asset Management Ltd. Quote

Brookfield Asset Management’s shares gained 39.8% over the last three months compared with the S&P 500’s advanced of 5.1%. The company possesses a Momentum Score of A.

Brookfield Asset Management Ltd. Price

Brookfield Asset Management Ltd. Price

Brookfield Asset Management Ltd. price | Brookfield Asset Management Ltd. Quote

Shopify Inc. SHOP: This commerce company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.        

Shopify Inc. Price and Consensus

Shopify Inc. Price and Consensus

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

Shopify’s shares gained 37.4% over the last three months compared with the S&P 500’s advanced of 5.2%. The company possesses a Momentum Score of B

Shopify Inc. Price

Shopify Inc. Price

Shopify Inc. price | Shopify Inc. Quote

See the full list of top ranked stocks here

 

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

Zacks’ Research Chief Names “Stock Most Likely to Double”

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

See also  Insights into Apple's Options Market ActivityUnveiling Secrets: What the Options Market Reveals About Apple's Future - Analyzing NASDAQ:AAPL

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report

Brookfield Asset Management Ltd. (BAM) : Free Stock Analysis Report

Shopify Inc. (SHOP) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research