Three stocks with strong momentum characteristics have been highlighted for investors on January 2nd. Pan American Silver (PAAS), a silver mining company, holds a Zacks Rank #1 (Strong Buy) and has seen its earnings estimates increase by 2.3% over the past 60 days. Its shares have surged 33.1% in the last three months, outperforming the S&P 500, which gained only 1.9% during the same period.
USCB Financial (USCB), a community bank also with a Zacks Rank #1, reported a 2.4% increase in its earnings estimates over the past two months, with its shares rising 8.1% in the last three months. Additionally, Allied Gold Corporation (AAUC), a gold producer, has experienced a significant 7% increase in its earnings estimates and a 25.6% rise in its stock price over the same timeframe.
