Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for November 8th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, November 8th:

Melco Resorts & Entertainment Limited (MLCO - Free Report) : This casino gaming company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.5% over the last 60 days.

Melco Resorts & Entertainment’s shares gained 6.1% over the last one month more than S&P 500’s gain of 1.6%. The company possesses a Momentum Score of A.

Allison Transmission Holdings, Inc. (ALSN - Free Report) : This auto parts manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.3% over the last 60 days.

Allison Transmission Holdings’ shares gained 19.1% over the last one month. The company possesses a Momentum Score of A.

KAR Auction Services, Inc. (KAR - Free Report) : This vehicle auction services provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.

KAR Auction Services’ shares gained 2.5% over the last one month. The company possesses a Momentum Score of A.

Oshkosh Corporation (OSK - Free Report) : This designer of specialty vehicles and vehicle bodies has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

Oshkosh’s shares gained 3.6% over the last one month. 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.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>