Best Momentum Stocks to Buy for February 6th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 6

Celestica Inc. CLS: This supply chain solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Celestica, Inc. Price and Consensus

Celestica, Inc. price-consensus-chart | Celestica, Inc. Quote

Celestica's shares gained 46.5% over the last six months compared with the S&P 500’s advance of 9.5 %. The company possesses a Momentum Score of A.

Celestica, Inc. Price

Celestica, Inc. price | Celestica, Inc. Quote

Red River Bancshares, Inc. RRBI: This bank holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.5% over the last 60 days.

Red River Bancshares, Inc. Price and Consensus

Red River Bancshares, Inc. price-consensus-chart | Red River Bancshares, Inc. Quote

Red River Bancshares' shares gained 37.6% over the last three months compared with the S&P 500’s advance of 2.6%. The company possesses a Momentum Score of B.

Red River Bancshares, Inc. Price

Red River Bancshares, Inc. price | Red River Bancshares, Inc. Quote

JOYY Inc. JOYY: This social media platform company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.

JOYY Inc. Sponsored ADR Price and Consensus

JOYY Inc. Sponsored ADR price-consensus-chart | JOYY Inc. Sponsored ADR Quote

JOYY's shares gained 5.9% over the last three months compared with the S&P 500’s advance of 2.6%. The company possesses a Momentum Score of B.

JOYY Inc. Sponsored ADR Price

JOYY Inc. Sponsored ADR price | JOYY Inc. Sponsored ADR Quote

See the full list of top ranked stocks here

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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

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