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Five Marvelous Momentum Stocks To Buy Now

Published 12/12/2017, 04:49 AM
Updated 07/09/2023, 06:31 AM
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We are inching ever closer to the tax deal on Capitol Hill. Numbers are starting to be thrown around on the compromise it will take for the House and the Senate to get on the same page. A few of the items for contention are the corporate rate, top individual rate, SALT deduction and mortgage interest deduction. If you ask me, I’ll be taking the approach of, “Wake me up when it’s over.”

Check out Dave’s Daily Dive video above where I break down the market action today!!!

Each day I, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dive into the charts, pointing out key price action and levels for you to watch.

But it doesn’t stop there because the highlight of today’s video, which you can see for free by clicking above, is where I uncover five Zacks Rank #1 (Strong Buy) and Zacks Rank #2 (Buy) stocks that are breaking out to new 52-week highs today. These stocks have a ton of momentum behind them and are charging higher. The list of stocks I cover today include:

Famous Dave’s (NASDAQ:DAVE)

Famous Dave’s of America, Inc. develops, owns, operates, and franchises restaurants under the Famous Dave’s name. It offers smoked, barbequed, and grilled meats, as well as entrée items and delicious side dishes that are prepared using prepared proprietary seasonings, sauces, and mixes. The company operates full-service and counter-service restaurants. As of March 6, 2017, it owned 35 locations and franchised 138 locations in 32 states, the Commonwealth of Puerto Rico, Canada, and the United Arab Emirates.

Emergent Biosolutions (NYSE:EBS)

Emergent BioSolutions Inc. focuses on the development, manufacture, and commercialization of medical countermeasures that address public health threats. Its products address public health threats primarily chemical, biological, radiological, nuclear, and explosive-related threats, as well as infectious diseases.

First Solar (NASDAQ:FSLR)

First Solar, Inc. provides solar energy solutions in the United States and internationally. It operates through two segments, Components and Systems. The Components segment designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. This segment offers its products to solar power systems integrators and operators. The Systems segment provides turn-key photovoltaic solar power systems or solar solutions, such as project development; engineering, procurement, and construction; and operating and maintenance services to utilities, independent power producers, commercial and industrial companies, and other system owners.

Groupon (NASDAQ:GRPN)

Groupon, Inc. Price and Consensus

Groupon, Inc. Price and Consensus | Groupon, Inc. Quote

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. The company provides deals in various categories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals.

Skechers (NYSE:SKX)

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand worldwide. It operates through three segments: Domestic Wholesale Sales, International Wholesale Sales, and Retail Sales. The company offers casual boots, shoes, and sandals for men; oxfords and slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals, seasonal sandals and boots, classic and wide fit, and relaxed fit casuals for men and women; and casual fusion line for young men and women under the Skechers USA brand.

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Groupon, Inc. (GRPN): Free Stock Analysis Report

Emergent Biosolutions, Inc. (EBS): Free Stock Analysis Report

Famous Dave's of America, Inc. (DAVE): Free Stock Analysis Report

Skechers U.S.A., Inc. (SKX): Free Stock Analysis Report

First Solar, Inc. (FSLR): Free Stock Analysis Report

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Zacks Investment Research

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