Top Ranked Momentum Stocks to Buy for November 2nd

MMSI HZO RCKY

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, November 2nd:

Merit Medical Systems, Inc. (MMSI - Free Report) : This disposable medical devices manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.5% over the last 60 days.

 

Merit Medical Systems’ shares gained 17.1% over the last one month compared with the S&P 500’s decline of 3.3%. The company possesses a Momentum Score of B.

 

MarineMax, Inc. (HZO - Free Report) : This recreational boat and yacht retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 44% over the last 60 days.

 

MarineMax’s shares gained 13.3% over the last one month. The company possesses a Momentum Score of A.

 

NIC Inc. : This digital government services provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days.

 

NIC’s shares gained 12.8% over the last one month. The company possesses a Momentum Score of B.

 

Rocky Brands, Inc. (RCKY - Free Report) : This footwear and apparel manufacturer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 42.4% over the last 60 days.

 

Rocky Brands’ shares gained 7.5% 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.

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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

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