Best Momentum Stocks to Buy for Dec.3

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Dec. 3: 

Kennametal Inc. KMT: This specialty materials company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25% over the last 60 days. 

Kennametal Inc. Price and Consensus

Kennametal Inc. price-consensus-chart | Kennametal Inc. Quote

Kennametal’s shares gained 27.6% over the last three months compared with the S&P 500’s decline of 5.4%. The company possesses aMomentum Score of A.

Kennametal Inc. Price

Kennametal Inc. price | Kennametal Inc. Quote

Oceaneering International, Inc. OII: This industrial robotics company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days. 

Oceaneering International, Inc. Price and Consensus

Oceaneering International, Inc. price-consensus-chart | Oceaneering International, Inc. Quote

Oceaneering International's shares gained 25.4% over the past six months compared with the S&P 500’s decline of 15.4%. The company possesses a Momentum Score of B.

Oceaneering International, Inc. Price

Oceaneering International, Inc. price | Oceaneering International, Inc. Quote

Argan, Inc. AGX: This energy infrastructure services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.6% over the last 60 days.

Argan, Inc. Price and Consensus

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

Argan’s shares gained 50.6% over the last three months compared with the S&P 500’s decline of 5.4%. The company possesses a Momentum Score of A. 

Argan, Inc. Price

Argan, Inc. price | Argan, Inc. Quote

See thefull list of top ranked stocks here

Learn more about theMomentum score and how it is calculated here. 

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

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

Zacks Investment Research