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Top Ranked Momentum Stocks to Buy for October 3rd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 3rd:

Five Below, Inc. (FIVE - Free Report) : This specialty value retailer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

Five Below, Inc. Price and Consensus

Five Below’s shares gained 7.2% over the last one month more than S&P 500’s gain of 1.2%. The company possesses a Momentum Score of B.

Five Below, Inc. Price

ArcelorMittal (MT - Free Report) : This steel company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 2.8% over the last 60 days.

ArcelorMittal Price and Consensus

ArcelorMittal’s shares gained 7.3% over the last one month. The company possesses a Momentum Score of A.

ArcelorMittal Price

PetroChina Company Limited : This petroleum company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 1.6% over the last 60 days.

PetroChina Company Limited Price and Consensus

PetroChina’s shares gained 11.9% over the last one month. The company possesses a Momentum Score of B.

PetroChina Company Limited PEG Ratio (TTM)

See the full list of top ranked stocks here

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

Best Electric Car Stock? You'll Never Guess It.

Zacks Research has released a report that may shock many investors. One stock stands out as the best way to invest in the surge to electric cars. And it's not the one you may think!

Much like petroleum 150 years ago, lithium battery power is set to shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge. With battery prices plummeting and charging stations set to multiply, revenues that were already at $31 billion in 2016 are expected to blast to over $67 billion by the end of 2022.

See Zacks Best EV Stock Free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


ArcelorMittal (MT) - free report >>

Five Below, Inc. (FIVE) - free report >>