Best Momentum Stocks to Buy for January 27th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 27:

Steven Madden, Ltd. SHOO: This company that designs and markets branded footwear, accessories, and apparel via wholesale, direct-to-consumer, and licensing has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5% over the last 60 days.

Steven Madden, Ltd. Price and Consensus

Steven Madden, Ltd. price-consensus-chart | Steven Madden, Ltd. Quote

Steven Madden’s shares gained 30.7% over the last three months compared with the S&P 500’s advance of 0.8%. The company possesses a Momentum Score  of B.

Steven Madden, Ltd. Price

Steven Madden, Ltd. price | Steven Madden, Ltd. Quote

Day One Biopharmaceuticals, Inc. DAWN: This clinical-stage biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 20.8% over the last 60 days.

Day One Biopharmaceuticals, Inc. Price and Consensus

Day One Biopharmaceuticals, Inc. price-consensus-chart | Day One Biopharmaceuticals, Inc. Quote

Day One’s shares gained 64.1% over the last three months compared with the S&P 500’s advance of 0.8%. The company possesses a Momentum Score of B.

Day One Biopharmaceuticals, Inc. Price

Day One Biopharmaceuticals, Inc. price | Day One Biopharmaceuticals, Inc. Quote

Microchip Technology Incorporated MCHP: This manufacturer of smart, connected, and secure embedded control solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Microchip Technology Incorporated Price and Consensus

Microchip Technology Incorporated price-consensus-chart | Microchip Technology Incorporated Quote

Microchip Technology’s shares gained 17.5% over the last three months compared with the S&P 500’s advance of 0.8%. The company possesses a Momentum Score of B.

Microchip Technology Incorporated Price

Microchip Technology Incorporated price | Microchip Technology Incorporated 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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