Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for November 29th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, November 29th:                   

Communications Systems, Inc. (JCS - Free Report) : This company that manufactures and sells connectivity infrastructure products for broadband and voice communications globally, has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 93.8% over the last 60 days.

Communications Systems’ shares gained 60.4% over the last one month above the S&P 500’s increase 3.8%. The company possesses a Momentum Score of A.

DexCom, Inc. (DXCM - Free Report) : This medical device company that focuses on the design, development, and commercialization of continuous glucose monitoring systems, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 51.1% over the last 60 days.

DexCom’s shares gained nearly 47% over the last one month. The company possesses a Momentum Score of A.

Forterra, Inc. (FRTA - Free Report) : This company that that offers concrete drainage pipes used for storm water applications, residential and non-residential site developments,has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 76.2% over the last 60 days.

Forterra’s shares gained 32.8% over the last one month. The company possesses a Momentum Score of A.

Hibbett Sports, Inc. (HIBB - Free Report) : This company that that engages in the retail of athletic-inspired fashion products through its stores,has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.4% over the last 60 days.

Hibbett Sports’ shares gained 20.8% 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.

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through Q3 2019, while the S&P 500 gained +39.6%, five of our strategies returned +51.8%, +57.5%, +96.9%, +119.0%, and even +158.9%.

This outperformance has not just been a recent phenomenon. From 2000 – Q3 2019, while the S&P averaged +5.6% per year, our top strategies averaged up to +54.1% per year.

See their latest picks free >>