Here are three stocks to consider for investment on December 24, all showing strong buy rankings and impressive momentum:
Three Stocks with Strong Buy Ratings to Watch This December
Puma Biotechnology, Inc. (PBYI)
This biopharmaceutical company currently holds a Zacks Rank #1. Over the past 60 days, the Zacks Consensus Estimate for its earnings this year has increased by 14%.
Puma Biotechnology, Inc. Price and Consensus
Puma Biotechnology, Inc. price-consensus-chart | Puma Biotechnology, Inc. Quote
Over the last three months, Puma Biotechnology’s shares rose by 10.2%, outperforming the S&P 500’s gain of 4.4%. The company boasts a Momentum Score of A.
Puma Biotechnology, Inc. Price
Puma Biotechnology, Inc. price | Puma Biotechnology, Inc. Quote
Dillard’s, Inc. (DDS)
This retail company also enjoys a Zacks Rank #1, with the Zacks Consensus Estimate for its current year earnings up by 6.6% in the last 60 days.
Dillard’s, Inc. Price and Consensus
Dillard’s, Inc. price-consensus-chart | Dillard’s, Inc. Quote
Dillard’s shares experienced a remarkable 25.2% increase over the last three months, significantly exceeding the S&P 500’s 4.4% advance. Its Momentum Score is also rated A.
Dillard’s, Inc. Price
Dillard’s, Inc. price | Dillard’s, Inc. Quote
New Jersey Resources Corporation (NJR)
This energy services holding company is another strong performer, rated Zacks Rank #1. The earnings estimate for the current year has gone up by 7.3% in the last 60 days.
New Jersey Resources Corporation Price and Consensus
New Jersey Resources Corporation price-consensus-chart | New Jersey Resources Corporation Quote
New Jersey Resources Corporation’s stock increased by 11.8% over the past six months, slightly higher than the S&P 500’s 9.1% rise. Like the others, it holds a Momentum Score of A.
New Jersey Resources Corporation Price
New Jersey Resources Corporation price | New Jersey Resources Corporation Quote
For a comprehensive look at top-ranked stocks, check the full list here.
To understand more about the Momentum Score and its calculations, click the link.
5 Stocks Set to Double
Zacks experts handpicked these stocks as top contenders likely to gain +100% or more in 2024. While past recommendations have recorded major successes with increases of +143.0%, +175.9%, +498.3%, and +673.0%, not every pick will be a winner.
Many of the stocks featured in this report are currently under the radar of Wall Street, presenting an excellent opportunity to invest early.
See These 5 Potential Home Runs Today >>
Dillard’s, Inc. (DDS): Free Stock Analysis Report
New Jersey Resources Corporation (NJR): Free Stock Analysis Report
Puma Biotechnology, Inc. (PBYI): Free Stock Analysis Report
To read the full article on Zacks.com, click here.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
