Best Momentum Stocks to Buy for October 4th

CNO ENPH RWEOY

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 4th:

RWE AG (RWEOY - Free Report) : This company which is active in the generation and transmission as well as the sale and trading of electricity and gas as well as water business in Europe, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.2% over the last 60 days.

RWE AG’s shares gained 3.5% over the last three months compared with the S&P 500’s decline of 4.2%. The company possesses a Momentum Score of A.

CNO Financial Group (CNO - Free Report) : This company through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.

CNO Financial Group’s shares gained 1.9% over the last three months compared with the S&P 500’s decline of 4.2%. 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.

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 >>