Best Momentum Stocks to Buy for February 2nd

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By Ronald Tech

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 2:

ASML Holding N.V. ASML: This lithography solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

ASML Holding N.V. Price and Consensus

ASML Holding N.V. Price and Consensus

ASML Holding N.V. price-consensus-chart | ASML Holding N.V. Quote

ASML Holding’s shares gained 33.4% over the last three months compared with the S&P 500’s advance of 1.6%. The company possesses a Momentum Score of A.

ASML Holding N.V. Price

ASML Holding N.V. Price

ASML Holding N.V. price | ASML Holding N.V. Quote

Southwest Airlines Co. LUV: This airline company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.9% over the last 60 days.

Southwest Airlines Co. Price and Consensus

Southwest Airlines Co. Price and Consensus

Southwest Airlines Co. price-consensus-chart | Southwest Airlines Co. Quote

Southwest Airlines’ shares gained 56.8% over the last three months compared with the S&P 500’s advance of 1.6%. The company possesses a Momentum Score of A.

Southwest Airlines Co. Price

Southwest Airlines Co. Price

Southwest Airlines Co. price | Southwest Airlines Co. Quote

Enova International, Inc. ENVA: This technology and analytics company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

Enova International, Inc. Price and Consensus

Enova International, Inc. Price and Consensus

Enova International, Inc. price-consensus-chart | Enova International, Inc. Quote

Enova’s shares gained 34.9% over the last three months compared with the S&P 500’s advance of 1.6%. The company possesses a Momentum Score of B.

Enova International, Inc. Price

Enova International, Inc. Price

Enova International, Inc. price | Enova International, Inc. Quote

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See the full list of top ranked stocks here

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

#1 Semiconductor Stock to Buy (Not NVDA)

The incredible demand for data is fueling the market’s next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.

One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don’t build. It’s just beginning to enter the spotlight, which is exactly where you want to be.

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Southwest Airlines Co. (LUV) : Free Stock Analysis Report

ASML Holding N.V. (ASML) : Free Stock Analysis Report

Enova International, Inc. (ENVA) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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