Top Momentum Stocks for Investment Best Momentum Stocks to Consider for Investment on February 2nd

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By Ronald Tech

Investors have a golden opportunity to explore three dynamic stocks with robust momentum and stellar performance:

BK: Banking on Strong Momentum

The Bank of New York Mellon Corporation (BK) is a financial powerhouse that has earned a Zacks Rank #1. Over the last 60 days, its Zacks Consensus Estimate for current year earnings soared by 3.8%. The company’s stock surged by 22.6% in the last three months, outperforming the S&P 500’s 10.8% advance. It boasts a formidable Momentum Score of B.

HCA: Healthy Momentum in Healthcare

HCA Healthcare, Inc. (HCA), a leading healthcare services provider, holds a Zacks Rank #1. The Zacks Consensus Estimate for its current year earnings escalated by 1.4% in the past 60 days. With a remarkable 36.3% surge in share value over the last three months, which surpasses the S&P 500’s growth rate, HCA exhibits a Momentum Score of A.

HOOK: Hooked on Momentum

HOOKIPA Pharma Inc. (HOOK), a biopharmaceutical gem, is adorned with a Zacks Rank #1. The company witnessed a 1.1% rise in the Zacks Consensus Estimate for its current year earnings over the last 60 days. HOOKIPA Pharma’s shares surged by 38.9% in the last three months, outshining the S&P 500’s 10.8% increase. It boasts a Momentum Score of B.

For the complete list of top ranked stocks, you can explore more here.

To learn more about the Momentum score and its calculation, click here.

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