Best Momentum Stocks to Buy for October 23rd

KGC ACT VRT

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 23:

Kinross Gold Corporation (KGC - Free Report) : This gold mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.

Kinross Gold’s shares gained 8.1% over the last three months compared with the S&P 500’s decline of 6.1%. The company possesses a Momentum Score of B.

Vertiv Holdings Co (VRT - Free Report) : This digital infrastructure solutions provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.   

Vertiv’s shares gained 42.5% over the last three months compared with the S&P 500’s decline of 6.1%. The company possesses a Momentum Score of A.

Enact Holdings, Inc. (ACT - Free Report) : This mortgage insurance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.

Enact Holdings’ shares gained 1.3% over the last three months compared with the S&P 500’s decline of 6.1%. 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.

 

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.2% per year. So be sure to give these hand picked 7 your immediate attention. 

See them now >>