On December 31st, three stocks have received a buy rank along with strong momentum characteristics that investors should consider:
Three High-Momentum Stocks to Buy This New Year’s Eve
Strong Earnings Growth at Payoneer Global Inc.
Payoneer Global Inc. (PAYO): This financial technology firm holds a Zacks Rank of #1 and has seen a 40% increase in the Zacks Consensus Estimate for its current year earnings over the past 60 days.
Payoneer Global Inc. Price and Consensus
Payoneer Global Inc. price-consensus-chart | Payoneer Global Inc. Quote
Over the last three months, Payoneer’s shares have climbed 31.0%, significantly outpacing the S&P 500, which rose just 3.4%. The company has attained a Momentum Score of A.
Payoneer Global Inc. Current Price
Payoneer Global Inc. current price | Payoneer Global Inc. Quote
Impressive Gains from Vimeo, Inc.
Vimeo, Inc. (VMEO): This software solutions company similarly holds a Zacks Rank of #1, with a staggering 125% rise in the Zacks Consensus Estimate for its current year earnings over the last 60 days.
Vimeo, Inc. Price and Consensus
Vimeo, Inc. price-consensus-chart | Vimeo, Inc. Quote
In the past three months, Vimeo’s shares have increased by 30.6%, while the S&P 500 recorded a 3.4% rise. The company has also secured a Momentum Score of A.
Vimeo, Inc. Current Price
Vimeo, Inc. current price | Vimeo, Inc. Quote
Positive Trends at Trupanion, Inc.
Trupanion, Inc. (TRUP): This medical insurance provider for pets also has a Zacks Rank of #1, reporting a 38.2% increase in the Zacks Consensus Estimate for its current year earnings in the past 60 days.
Trupanion, Inc. Price and Consensus
Trupanion, Inc. price-consensus-chart | Trupanion, Inc. Quote
In the past month, Trupanion’s shares rose 18.7%, whereas the S&P 500 saw a growth of 3.4%. This company, too, boasts a Momentum Score of A.
Trupanion, Inc. Current Price
Trupanion, Inc. current price | Trupanion, Inc. Quote
To explore a full list of top ranked stocks, click here.
For further information on the Momentum score and its calculation, click here.
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Free Stock Analysis of Trupanion, Inc. (TRUP)
Free Stock Analysis of Vimeo, Inc. (VMEO)
Free Stock Analysis of Payoneer Global Inc. (PAYO)
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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.
