Top Ranked Momentum Stocks To Buy For January 8th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, January 8th:

InterContinental Hotels Group PLC (IHG): This owner, franchiser and leaser of hotels has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

InterContinental Hotels Group’s shares gained 7.3% over the last one month more than S&P 500’s gain of 4%. The company possesses a Momentum Score of A.

Darden Restaurants (NYSE:DRI), Inc. (DRI): This operator of full-service restaurants has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 2.7% over the last 60 days.

Darden Restaurants’ shares gained 16.5% over the last one month. The company possesses a Momentum Score of A.

Melco Resorts & Entertainment Limited (MLCO): This operator of casino gaming facilitieshas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

Melco Resorts & Entertainment’s shares gained 7.3% over the last one month. The company possesses a Momentum Score of A.

Methanex Corporation (MEOH): This supplier of methanol has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 6.7% over the last 60 days.

Methanex’s shares gained 19% over the last one month. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

5 Medical Stocks to Buy Now

Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.

New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.

Click here to see the 5 stocks >>