As markets remain as challenging as ever, investors are on the lookout for stocks that have been gaining steady momentum. Here are three picks for investors to consider today, January 24:
ADMA Biologics, Inc.
ADMA has been on an upward trajectory, with its shares gaining 66.2% over the last three months, significantly outperforming the S&P 500. It currently boasts a Zacks Rank #1 and has seen a 33.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days. The company possesses a Momentum Score of B.
Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce has also shown solid gains, with its shares climbing 29.5% over the last three months, surpassing the S&P 500. It holds a Zacks Rank #1 and has witnessed an 8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days. This company also possesses a Momentum Score of B.
Turtle Beach Corporation
Turtle Beach Corporation completes the trio, having witnessed a 45.1% surge in its shares over the last three months compared to the S&P 500’s advance of 15.5%. With a Zacks Rank #1, the company has seen a 40% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days and holds a Momentum Score of B.
For the full list of top-ranked stocks, interested individuals can refer here. Additionally, understanding the Momentum score and how it is calculated can provide valuable insight for potential investors.
Canadian Imperial Bank of Commerce (CM) : Free Stock Analysis Report
ADMA Biologics Inc (ADMA) : Free Stock Analysis Report
Turtle Beach Corporation (HEAR) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
