Best Momentum Stocks to Buy for January 2nd

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 2nd:

Robinhood Markets, Inc. (HOOD Quick QuoteHOOD – Free Report) : This operator of a financial services platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.7% over the last 60 days.

Robinhood‘s shares gained 66.1% over the last three months compared with the S&P 500’s advance of 3.2%. The company possesses a Momentum Score  of A.

Sea Limited (SE Quick QuoteSE – Free Report) : This digital entertainment, e-commerce, and digital financial service company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

Sea’s shares gained 11.5% over the last three months compared with the S&P 500’s advance of 3.1%. The company possesses a Momentum Score of B.

MAG Silver Corp. (MAG Quick QuoteMAG – Free Report) : This precious metal company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

MAG Silver’s shares gained 11% over the last six months compared with the S&P 500’s advance of 6.2%. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here

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