Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for October 6th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 6th:

Lloyds Banking Group plc (LYG - Free Report) : This banking and financial services company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 16.7% over the last 60 days.

Lloyds Banking Group's shares gained 10.4% over the last one month more than S&P 500’s gain of 3.8%. The company possesses a Momentum Score of A.

SMART Global Holdings, Inc. (SGH - Free Report) : This designer of specialty memory solutionshas a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.2% over the last 60 days.

SMART Global Holdings' shares gained 53.4% over the last one month. The company possesses a Momentum Score of A.

Mitsubishi UFJ Financial Group, Inc. : This bank holding company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 4.8% over the last 60 days.

Mitsubishi UFJ Financial Group's shares gained 5.8% over the last one month. The company possesses a Momentum Score of A.

MAM Software Group, Inc. : This software services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.1% over the last 60 days.

MAM Software Group's shares gained 6.2% 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.

5 Trades Could Profit "Big-League" from Trump Policies

If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.

Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.

See these buy recommendations now >>


See More Zacks Research for These Tickers


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


Lloyds Banking Group PLC (LYG) - free report >>

SMART Global Holdings, Inc. (SGH) - free report >>