Top Ranked Momentum Stocks to Buy for October 18th

ALKS E CMC

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 18th:

Alkermes plc (ALKS - Free Report) : This biopharmaceutical company 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 6.9% over the last one month compared with the S&P 500’s gain of 2.6%. The company possesses a Momentum Score of B.

Alkermes plc Price

Commercial MetalsCompany (CMC - Free Report) : This manufacturer, recycler and marketer of steel and metal products, related materials and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.3% over the last 60 days.

Commercial Metals Company Price and Consensus

Commercial Metals’ shares gained 6.8% over the last one month. The company possesses a Momentum Score of A.

Commercial Metals Company Price

EniS.p.A. (E - Free Report) : This producer, transporter, and marketer of natural gas, oil and produces chemicals has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.5% over the last 60 days.

Eni SpA Price and Consensus

Eni’s shares gained 15.9% 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 >>