Best Momentum Stocks for January 8th: KNOP and MYFW

Two stocks with a buy rank and strong momentum characteristics are KNOT Offshore Partners LP (KNOP) and First Western Financial, Inc. (MYFW). KNOP has a Zacks Rank #1 and witnessed a 41.3% increase in its current year earnings estimate over the last 60 days. MYFW also has a Zacks Rank #1 and witnessed a 9.8% increase in its next year earnings estimate over the last 60 days. Both stocks possess a momentum score of B and A, respectively.