Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for October 9th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 9th:

Sociedad Química y Minera de Chile S.A. (SQM - Free Report) : This chemical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings surging 11.9% over the last 60 days.

Sociedad Química y Minera de Chile's shares gained 5.2% over the last one month higher than the S&P 500’s increase of 0.3%. The company possesses a Momentum Score of A.

Canadian Pacific Railway Limited (CP - Free Report) : This operator of transcontinental freight railway has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.

Canadian Pacific Railway's shares gained 6.5% over the last one month. The company possesses a Momentum Score of A.

The Blackstone Group L.P. (BX - Free Report) : This hedge fund sponsor has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings surging 1.3% over the last 60 days.

Blackstone Group's shares gained 3.8% over the last one month. The company possesses a Momentum Score of A.

Eaton Corporation plc (ETN - Free Report) : This power management company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

Eaton's shares gained 1.7% 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.

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>

Published in