Best Momentum Stocks to Buy for February 4th

Zacks Zacks
Best Momentum Stocks to Buy for February 4th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 4:

Taiwan Semiconductor Manufacturing Company Limited TSM: This integrated circuits and semiconductor devices company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.5% over the last 60 days.

Taiwan Semiconductor Manufacturing Company Ltd. Price and Consensus

Taiwan Semiconductor Manufacturing Company Ltd. Price and Consensus

Taiwan Semiconductor Manufacturing Company Ltd. price-consensus-chart | Taiwan Semiconductor Manufacturing Company Ltd. Quote

Taiwan Semiconductor’s shares gained 14.4% over the past three months compared with the S&P 500’s advance of 1.7%. The company possesses a Momentum Score  of A.

Taiwan Semiconductor Manufacturing Company Ltd. Price

Taiwan Semiconductor Manufacturing Company Ltd. Price

Taiwan Semiconductor Manufacturing Company Ltd. price | Taiwan Semiconductor Manufacturing Company Ltd. Quote

Sierra Bancorp BSRR: This bank holding company for Bank of the Sierra has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.

Sierra Bancorp Price and Consensus

Sierra Bancorp Price and Consensus

Sierra Bancorp price-consensus-chart | Sierra Bancorp Quote

Sierra Bancorp’s shares gained 23.4% over the last three months compared with the S&P 500’s advance of 1.7%. The company possesses a Momentum Score of A.

Sierra Bancorp Price

Sierra Bancorp Price

Sierra Bancorp price | Sierra Bancorp Quote

PCB Bancorp PCB: This bank holding company for Pacific City Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

PCB Bancorp Price and Consensus

PCB Bancorp Price and Consensus

PCB Bancorp price-consensus-chart | PCB Bancorp Quote

PCB Bancorp’s shares gained 6.9% over the last three months compared with the S&P 500’s advance of 1.7%. The company possesses a Momentum Score of A.

PCB Bancorp Price

PCB Bancorp Price

PCB Bancorp price | PCB 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


 
Taiwan Semiconductor Manufacturing Company Ltd. (TSM): Free Stock Analysis Report
 
Sierra Bancorp (BSRR): Free Stock Analysis Report
 
PCB Bancorp (PCB): Free Stock Analysis Report

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

Zacks Investment Research