Top Three Stocks to Buy Right Now: Wells Fargo, First Horizon, and Rigel Pharmaceuticals
For investors seeking stocks with solid buy rankings and strong upward momentum, here are three notable options as of January 17th:
Wells Fargo & Company (WFC) – A Strong Buy
Wells Fargo & Company is one of the largest financial services companies in the United States, offering an array of services including banking, insurance, investment banking, and more across North America and globally. The company holds a Zacks Rank of #1 (Strong Buy), with current year earnings estimates up by 2.2% in the past 60 days.
Wells Fargo Stock Performance Highlights
Wells Fargo Price Consensus Chart
Wells Fargo shares have risen 18.6% over the past three months, significantly outperforming the S&P 500, which has only gained 1.2%. The stock boasts a Momentum Score of A.
First Horizon Corporation (FHN) – Another Strong Contender
First Horizon is a financial services company that offers diversified services. It also carries a Zacks Rank of #1, with its current year earnings estimate up by 0.7% in the last two months.
First Horizon Stock Performance Highlights
First Horizon Price Consensus Chart
Over the last three months, First Horizon shares have increased by 23%. This growth is notable when compared to the S&P 500’s modest gain of 1.2%. The stock has a Momentum Score of B.
Rigel Pharmaceuticals, Inc. (RIGL) – An Emerging Opportunity
Rigel Pharmaceuticals focuses on developing innovative small-molecule drugs for treating inflammatory diseases, cancer, and viral illnesses. This clinical-stage drug development company also holds a Zacks Rank of #1, with earnings estimates up by a significant 29.4% in the last two months.
Rigel Pharmaceuticals Stock Performance Highlights
Rigel Pharmaceuticals Price Consensus Chart
In the past three months, Rigel’s stock has appreciated by 14.8%, again outpacing the S&P 500’s 1.2% increase. The stock also receives a Momentum Score of B.
For More Insights
To explore additional top-ranked stocks, check the full list here.
Delve into details about the Momentum Score and its calculation here.
Exciting Future Prospects: Zacks’ Top 10 Stocks for 2025
Discover the early picks from Zacks Director of Research Sheraz Mian for 2025. This portfolio, established in 2012, has impressively gained +2,112.6%, significantly outperforming the S&P 500’s +475.6% during the same period. Sheraz has meticulously selected the top 10 stocks from over 4,400 covered by Zacks Rank. Don’t miss out on seeing these promising new selections.
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See in-depth reports: Wells Fargo & Company (WFC), First Horizon Corporation (FHN), and Rigel Pharmaceuticals, Inc. (RIGL).
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
