Top Strong Buy Stock Picks for January 3rd

Avatar photo

Top 5 Stocks Making Waves on the Zacks Strong Buy List

Today’s featured stocks have earned a Zacks Rank #1 (Strong Buy). Here’s a closer look at these promising investment opportunities.

Under Armour, Inc. UAA: Known for its performance apparel, footwear, and accessories, Under Armour has experienced a significant boost. The Zacks Consensus Estimate for its current year earnings has risen by 22.7% in the past two months.

Under Armour, Inc. Price and Consensus


Under Armour, Inc. Price and Consensus

Under Armour, Inc. price-consensus-chart | Under Armour, Inc. Quote

BellRing Brands, Inc. BRBR: This Argentine nutrition products company has also made headlines. The Zacks Consensus Estimate for its current year earnings has increased by 3.9% over the last two months.

BellRing Brands Inc. Price and Consensus


BellRing Brands Inc. Price and Consensus

BellRing Brands Inc. price-consensus-chart | BellRing Brands Inc. Quote

RB Global, Inc. RBA: Operating as an omnichannel marketplace for commercial assets and vehicles, RB Global has seen its earnings estimates grow by 3.8% over the last 60 days.

RB Global, Inc. Price and Consensus


RB Global, Inc. Price and Consensus

RB Global, Inc. price-consensus-chart | RB Global, Inc. Quote

Surmodics, Inc. SRDX: This firm provides advanced coating technologies for the medical sector. Its earnings estimates have jumped by 18.8% within the same timeframe.

Surmodics, Inc. Price and Consensus


Surmodics, Inc. Price and Consensus

Surmodics, Inc. price-consensus-chart | Surmodics, Inc. Quote

Coterra Energy Inc. CTRA: This independent oil and gas company has experienced a 16% increase in earnings estimates for the next year in the last two months.

Coterra Energy Inc. Price and Consensus


Coterra Energy Inc. Price and Consensus

Coterra Energy Inc. price-consensus-chart | Coterra Energy Inc. Quote

To explore all today’s Zacks #1 Rank (Strong Buy) stocks, check out the complete list here.

Research Chief’s Top Stock Prediction

From thousands of options, five Zacks experts have each selected their top stock anticipated to surge by 100% or more in the upcoming months. Notably, Sheraz Mian, Zacks’ Director of Research, has identified one stock with explosive potential.

This specific company caters primarily to millennial and Gen Z consumers, boasting nearly $1 billion in revenue last quarter. Following a recent decline, this opportunity may be ripe for investment. While not all selections guarantee success, this one has the potential to outperform earlier commendable Zacks picks like Nano-X Imaging, which saw a remarkable rise of over 129.6% in less than nine months.

Free: See Our Top Stock And 4 Runners-Up

For more recommendations from Zacks Investment Research click here.

Surmodics, Inc. (SRDX) : Free Stock Analysis Report

RB Global, Inc. (RBA) : Free Stock Analysis Report

Under Armour, Inc. (UAA) : Free Stock Analysis Report

Coterra Energy Inc. (CTRA) : Free Stock Analysis Report

BellRing Brands Inc. (BRBR) : Free Stock Analysis Report

Read the full article on Zacks.com.

Zacks Investment Research

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

The free Daily Market Overview 250k traders and investors are reading

Read Now