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Best Momentum Stock to Buy for October 5th
Here is the stock with buy rank and strong momentum characteristics for investors to consider today, October 5th:
PattersonUTI Energy (PTEN - Free Report) : This oilfield services company which has one of the largest onshore contract drillers in the United States and a large fleet of pressure pumping equipment, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.6% over the last 60 days.
Patterson-UTI Energy, Inc. Price and Consensus
Patterson-UTI Energy, Inc. price-consensus-chart | Patterson-UTI Energy, Inc. Quote
PattersonUTI Energy’s shares gained 3.2% over the last three month compared with the S&P 500’s decline of 3.2%. The company possesses a Momentum Score of A.
Patterson-UTI Energy, Inc. Price
Patterson-UTI Energy, Inc. price | Patterson-UTI Energy, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.