5 Momentum Stocks to Buy for January After a Tepid December

Zacks01-06

U.S. stock markets witnessed an impressive rally in 2024 after an astonishing bull run in 2023. Following the 24.2% ascent in 2023, the S&P 500 rallied 23.3% last year. The benchmark jumped 53% in the...

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The benchmark jumped 53% in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-momentum-stocks-buy-january-131300907.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Momentum Stocks to Buy for January After a Tepid December</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Momentum Stocks to Buy for January After a Tepid December\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-06 21:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-momentum-stocks-buy-january-131300907.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock markets witnessed an impressive rally in 2024 after an astonishing bull run in 2023. Following the 24.2% ascent in 2023, the S&P 500 rallied 23.3% last year. The benchmark jumped 53% in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-momentum-stocks-buy-january-131300907.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1642822529.SGD","symbol_name":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/5-momentum-stocks-buy-january-131300907.html","article_id":"2501255304","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501255304","pubTimestamp":1736169180,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"U.S. stock markets witnessed an impressive rally in 2024 after an astonishing bull run in 2023. Following the 24.2% ascent in 2023, the S&P 500 rallied 23.3% last year. The benchmark jumped 53% in the last two years recording its best performance since the nearly 66% rally in 1997-98. The broad-market index posted 57 all-time highs in 2024. The Dow and the Nasdaq Composite rallied 12.9% and 28.6%, respectively, last year.However, Wall Street failed to maintain its momentum last month and ended mostly in negative territory. In December, the Dow plummeted 5.3%, reflecting its worst monthly performance since September 2022. The S&P 500 tumbled 2.5%, marking its worst monthly performance since April 2024. The tech-laden Nasdaq Composite was up a mere 0.5%.However, a handful of stocks are expected to maintain their momentum in January too. Five such stocks with a favorable Zacks Rank are: Doximity Inc. DOCS, Southwest Airlines Co. LUV, Alaska Air Group Inc. ALK, Dropbox Inc. DBX and Paramou","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","BK4500":"航空公司","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","BK4551":"寇图资本持仓","ALK":"阿拉斯加航空集团有限公司","DBX":"Dropbox Inc.","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","DOCS":"Doximity, Inc.","BK4023":"应用软件","BK4534":"瑞士信贷持仓","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","PARAA":"Paramount Global","BK4167":"医疗保健技术","PARA":"Paramount Global","BK4585":"ETF&股票定投概念","BK4528":"SaaS概念","LUV":"西南航空","BK4539":"次新股","BK4532":"文艺复兴科技持仓","BK4588":"碎股","BK4008":"航空公司","BK4125":"广播","LU0444971666.USD":"天利全球科技基金"},"translate_title":"经历了不温不火的12月后，1月份值得买入的5只动量股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LUV":1,"DOCS":1,"DBX":1,"ALK":1,"PARAA":0.9,"PARA":0.9},"content_text":"U.S. stock markets witnessed an impressive rally in 2024 after an astonishing bull run in 2023. Following the 24.2% ascent in 2023, the S&P 500 rallied 23.3% last year. The benchmark jumped 53% in the last two years recording its best performance since the nearly 66% rally in 1997-98. The broad-market index posted 57 all-time highs in 2024. The Dow and the Nasdaq Composite rallied 12.9% and 28.6%, respectively, last year.\nHowever, Wall Street failed to maintain its momentum last month and ended mostly in negative territory. In December, the Dow plummeted 5.3%, reflecting its worst monthly performance since September 2022. The S&P 500 tumbled 2.5%, marking its worst monthly performance since April 2024. The tech-laden Nasdaq Composite was up a mere 0.5%.\nHowever, a handful of stocks are expected to maintain their momentum in January too. Five such stocks with a favorable Zacks Rank are: Doximity Inc. DOCS, Southwest Airlines Co. LUV, Alaska Air Group Inc. ALK, Dropbox Inc. DBX and Paramount Global PARAA. \nTop 5 Momentum Picks for January\nThese five stocks have strong momentum for January and have seen positive earnings estimate revisions in the last 60 days. Each of the stocks sports a Zacks Rank #1 (Strong Buy) at present and has a Zacks Momentum Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.\nThe chart below shows the price performance of our five picks in the past six months.\nImage Source: Zacks Investment Research\nDoximity Inc.\nDoximity provides digital platform for medical professionals. DOCS’ network members include physicians across all specialties and practice areas. DOCS provides its verified clinical membership with digital tools built for medicine, enabling them to collaborate with colleagues, stay up to date with the latest medical news and research, manage their careers and conduct virtual patient visits.\nDoximity has an expected revenue and earnings growth rate of 13.4% and 14.5%, respectively, for the current year (ending March 2025). The Zacks Consensus Estimate for current-year earnings has improved 10% in the last 60 days.\nSouthwest Airlines Co.\nSouthwest Airlines has been benefiting from improvement in air travel demand. Given that travel demand has remained healthy, LUV anticipates fourth-quarter 2024 unit revenues to increase 5.5-7% on a year-over-year basis. As part of its growth strategy, LUV is focused on its cost-cutting initiatives and fleet-modernization techniques. \nLUV's liquidity position is also encouraging. A solid balance sheet allows Southwest Airlines to reward its shareholders through share buybacks and dividend payments. We believe that the positives surrounding the LUV stock outweigh the concerns of escalating labor costs. We, therefore, suggest investors to add the LUV stock to their portfolio for healthy returns.\nSouthwest Airlines has an expected revenue and earnings growth rate of 5.8% and 107.7%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 4.5% in the last 30 days.\nAlaska Air Group Inc.\nAlaska Air Group has been benefiting from an improvement in air travel demand. With people taking to the skies again following the end of the pandemic, total revenues at ALK increased 4% in the first nine months of 2024, driven by a 4% uptick in passenger revenues. \nALK’s fleet modernization initiatives look encouraging. The inclusion of modern planes in its fleet and the retirement of the old ones are in line with ALK’s environmentally friendly approach. On a shareholder-friendly note, management resumed share buybacks in 2023. Low fuel costs are also aiding ALK’s bottom line. The completion of the buyout of Hawaiian Holdings is another positive.\nAlaska Air Group has an expected revenue and earnings growth rate of 24.3% and 34.3%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 8.7% in the last 30 days.\nDropbox Inc.\nDropbox is benefiting from an expanding user base and strong average revenue per paying user (ARPU) growth. DBX exited third-quarter 2024 with 18.24 million paying users while ARPU was $139.05 compared with $138.71 in the year-ago quarter. The upside was driven by the Teams pricing increase. \nDBX is a leader in the content sharing and collaboration applications category. Dropbox currently supports more than 700 million registered users through its FSS plans and has better market share than Apple and Box. DBX has a strong balance sheet and generates strong free cash flow.\nDropbox has an expected revenue and earnings growth rate of 0.2% and 9.6%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 19.7% in the last 60 days.\nParamount Global\nParamount Global operates as a media, streaming, and entertainment company worldwide. PARAA operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. PARAA’s portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount, Pluto TV and Simon & Schuster, among others.\nParamount Global has an expected earnings growth rate of 54.7% for the current year. Although its revenue growth rate is negative for the current year, it is 0.2% for next year. The Zacks Consensus Estimate for current-year earnings has improved more than 100% in the last 60 days.\nWant 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\nSouthwest Airlines Co. (LUV) : Free Stock Analysis Report\nAlaska Air Group, Inc. (ALK) : Free Stock Analysis Report\nDropbox, Inc. (DBX) : Free Stock Analysis Report\nDoximity, Inc. (DOCS) : Free Stock Analysis Report\nParamount Global (PARAA) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2501255304"}