Best Momentum Stocks to Buy for January 8th

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, January 8:

KNOT Offshore Partners LP KNOP: This operator of shuttle tankers has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 41.3% over the last 60 days.

KNOT Offshore Partners LP Price and Consensus

KNOT Offshore Partners LP price-consensus-chart | KNOT Offshore Partners LP Quote

KNOT Offshore’s shares gained 21.1% over the last three months compared with the S&P 500’s advance of 2.7%. The company possesses a Momentum Score  of B.

KNOT Offshore Partners LP Price

KNOT Offshore Partners LP price | KNOT Offshore Partners LP Quote

First Western Financial, Inc. MYFW: This financial holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 9.8% over the last 60 days.

First Western Financial, Inc. Price and Consensus

First Western Financial, Inc. price-consensus-chart | First Western Financial, Inc. Quote

First Western’s shares gained 11.0% over the last three months compared with the S&P 500’s advance of 2.7%. The company possesses a Momentum Score of A.

First Western Financial, Inc. Price

First Western Financial, Inc. price | First Western Financial, Inc. Quote

See the full list of top ranked stocks here

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

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

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