Top Ranked Momentum Stocks to Buy for October 13th

BP ALKS E

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 13th:

Alkermesplc (ALKS - Free Report) : This biotechnology company that develops innovative medicines designed to yield better therapeutic outcomes has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

Alkermes plc Price and Consensus

Alkermes’ shares gained 3.2% over the last one month compared with the S&P 500’s decline of -1.9%. The company possesses a Momentum Score of A.

Alkermes plc Price

BPp.l.c. (BP - Free Report) : This company that engages in exploration and production of crude oil and natural gas has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days.

BP p.l.c. Price and Consensus

BP’s shares gained 18% over the last one month. The company possesses a Momentum Score of A.

BP p.l.c. Price

Eni S.p.A. (E - Free Report) : This company that engages in exploration, development, and production of crude oil and natural gas has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.8% over the last 60 days.

Eni SpA Price and Consensus

Eni’s shares gained 10.3% over the last one month. The company possesses a Momentum Score of A.

Eni SpA Price

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

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.

Free: See Our Top Stock and 4 Runners Up >>