Top Ranked Momentum Stocks to Buy for October 8th

ESI MUR AHH CNXC

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 8th:

Murphy Oil Corporation (MUR - Free Report) : This oil and natural gas exploration and production company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18% over the last 60 days.

 

Murphy Oil’s shares gained 37.1% over the last one month against the S&P 500’s decline of 2.3%. The company possesses a Momentum Score of A.

 

Concentrix Corporation (CNXC - Free Report) : This company that provides technology-infused customer experience solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

 

Concentrix’s shares gained 4.3% over the last one month. The company possesses a Momentum Score of A.

 

Element Solutions Inc (ESI - Free Report) : This company that develops, formulates, and sells various specialty chemicals has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

 

Element Solutions’ shares gained 5.8% over the last one month. The company possesses a Momentum Score of B.

 

Armada Hoffler Properties, Inc. (AHH - Free Report) : This company that vertically-integrated, self-managed real estate investment trust has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

 

Armada Hoffler Properties’ shares gained 2.7% over the last one month. The company possesses a Momentum Score of B.

 

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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