Best Momentum Stock to Buy for December 11th

Zacks Zacks Open on Zacks
Best Momentum Stock to Buy for December 11th

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, December 11th:

TOPGOLF CALLAWY MODG: This unrivaled tech-enabled Modern Golf and active lifestyle company, which delivers golf equipment, apparel and entertainment, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 59% over the last 60 days.

Topgolf Callaway Brands Corp. Price and Consensus

Topgolf Callaway Brands Corp. Price and Consensus

Topgolf Callaway Brands Corp. price-consensus-chart | Topgolf Callaway Brands Corp. Quote

TOPGOLF CALLAWY’s shares gained 19% over the last three month compared with the S&P 500’s gain of 4.6%. The company possesses a Momentum Score of A.

Topgolf Callaway Brands Corp. Price

Topgolf Callaway Brands Corp. Price

Topgolf Callaway Brands Corp. price | Topgolf Callaway Brands Corp. Quote

California BanCorp BCAL:This registered bank holding company which offers a range of financial products and services to individuals, professionals and small to medium-sized businesses, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.

California BanCorp Price and Consensus

California BanCorp Price and Consensus

California BanCorp price-consensus-chart | California BanCorp Quote

California BanCorp’s shares gained 15.1% over the last three month compared with the S&P 500’s gain of 4.6%. The company possesses a Momentum Score of B.

California BanCorp Price

California BanCorp Price

California BanCorp price | California BanCorp Quote

 

See the full list of top ranked stocks here

 

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

Free Report: Profiting from the 2nd Wave of AI Explosion

The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.

Investors who bought shares like Nvidia at the right time have had a shot at huge gains.

But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.

Zacks'  AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.

Access AI Boom 2.0 now, absolutely free >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
Topgolf Callaway Brands Corp. (MODG): Free Stock Analysis Report
 
California BanCorp (BCAL): Free Stock Analysis Report

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

Zacks Investment Research