Momentum Stocks to Watch as January Ends

In the dynamic sphere of investments, momentum stocks continue to capture the attention of investors looking for substantial returns. As of January 29, 2023, a prominent momentum stocks list that has been curated by stringent criteria now includes new entrants deemed as Zacks Rank #1 (Strong Buy). These stocks have shown promise through their market performance and growth potential, earning them the coveted spot on investors' radars.

Significant Momentum Stocks

Demonstrating significant potential and investor interest, WDC, Western Digital Corporation, with its industry-leading position in data storage, is a notable player experiencing momentum in the market. The company not only produces hard disk drives but also offers comprehensive data technology solutions such as data center systems and cloud storage services, maintaining its strong market presence.

In the financial sector, QCRH, QCR Holdings, Inc., showcases its strength in providing diverse banking services, asset management, and trust services. As a multi-bank holding company, its comprehensive approach to banking solutions underlines its growth trajectory and resonance with investor confidence.

On the other side, SASR, Sandy Spring Bancorp, Inc., stands out with its wide array of services in commercial and retail banking, private banking, and trust services. It’s the anchoring institution behind Sandy Spring Bank, which signifies the company's robust standing in the banking sector.

A Promising Entrant: Data Storage Corporation

Not to be overlooked is DTST, Data Storage Corporation, which has made notable strides in the information technology sphere. The company specializes in multi-cloud solutions, reflecting the increasing demand for versatile and reliable IT services across different sectors. With its headquarters in Melville, New York, Data Storage Corporation is positioning itself as a forerunner within the tech industry's booming cloud segment.

WDC, QCRH, SASR, DTST