Best Momentum Stocks to Buy for January 9th

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, January 9:

AdeiaInc. ADEA: This media and semiconductor intellectual property licensing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.

Adeia Inc. Price and Consensus

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

Adeia’s shares gained 14.2% over the last three months compared with the S&P 500’s advance of 5.5%. The company possesses a Momentum Score  of A.

Adeia Inc. Price

Adeia Inc. price | Adeia Inc. Quote

Ares Commercial Real Estate Corporation ACRE: This specialty finance company from the real estate sector has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 52.7% over the last 60 days.

Ares Commercial Real Estate Corporation Price and Consensus

Ares Commercial Real Estate Corporation price-consensus-chart | Ares Commercial Real Estate Corporation Quote

Ares Commercial’s shares gained 9.7% over the last three months compared with the S&P 500’s advance of 5.5%. The company possesses a Momentum Score of A.

Ares Commercial Real Estate Corporation Price

Ares Commercial Real Estate Corporation price | Ares Commercial Real Estate Corporation Quote

See the full list of top ranked stocks here

Learn more about the Momentum 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