Investment Strategy

Best Momentum Stock to Buy for January 30th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 30th:

AngloGold Ashanti (AU – Free Report) : This independent, global gold mining company with mines and exploration projects across Continental Africa, South Africa, Americas and Australasia, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year  earnings increasing 13.0% over the last 60 days.

 

AngloGold Ashanti Limited Price and Consensus

AngloGold Ashanti Limited Price and Consensus

AngloGold Ashanti Limited price-consensus-chart | AngloGold Ashanti Limited Quote

 

 

 

AngloGold Ashanti’s shares gained 61.1% over the last three month compared with the S&P 500’s gain of 5.0%. The company possesses a Momentum Score  of A.

 

AngloGold Ashanti Limited Price

AngloGold Ashanti Limited Price

AngloGold Ashanti Limited price | AngloGold Ashanti Limited Quote

 

Shinhan Financial Group Co (SHG – Free Report) : This company which provides financial products and services in South Korea and internationally, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.0% over the last 60 days.

Shinhan Financial Group’s shares gained 43.3% over the last three month compared with the S&P 500’s gain of 5.0%. The company possesses a Momentum Score of A.

DBS Group (DBSDY – Free Report) : This bank holding company which is one of the largest companies in terms of market capitalization whose shares are listed on the Singapore Exchange, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year  earnings increasing 20.2% over the last 60 days.

DBS Group Holdings Ltd Price and Consensus

DBS Group Holdings Ltd Price and ConsensusDBS Group Holdings Ltd price-consensus-chart | DBS Group Holdings Ltd Quote

DBS Group’s shares gained 13.1% over the last three month compared with the S&P 500’s gain of 5.0%. The company possesses a Momentum Score of A.

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Original article: https://www.zacks.com/commentary/2046260/best-momentum-stock-to-buy-for-january-30th?art_rec=home-home-trending_topics_l

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