Best Momentum Stocks to Buy for October 6th

LPLA SYBT PUBM

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 6th:

LPL Financial Holdings Inc. (LPLA - Free Report) : This integrated platform of brokerage and investment advisory services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

LPL’s shares gained 36.8% over the last three months compared with the S&P 500’s decline of 1.6%. The company possesses a Momentum Score of A.

 

 

Stock Yards Bancorp, Inc. (SYBT - Free Report) : This holding company for Stock Yards Bank & Trust Company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Stock Yards’ shares gained 12.6% over the last three months compared with the S&P 500’s decline of 1.6%. The company possesses a Momentum Score of A.

PubMatic, Inc. (PUBM - Free Report) : This cloud infrastructure platform that enables real-time programmatic advertising transactions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 17.2% over the last 60 days.

PubMatic’s shares gained 15% over the last three months compared with the S&P 500’s decline of 1.6%. 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.

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 an American AI company that’s riding low right now, but it has rounded up clients like BMW, GE, Dell Computer, and Bosch. It has prospects for not just doubling but quadrupling in the year to come. Of course, all our picks aren’t winners but this one could far surpass earlier 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