Top Ranked Momentum Stocks to Buy for October 8th

DAC MESO

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 8th:

Danaos Corporation (DAC - Free Report) : This shipping company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

Danaos’ shares gained 30.2% over the last one month more than S&P 500’s decline of 1.3%. The company possesses a Momentum Score of A.

The Meet Group, Inc. : This operator of entertainment applications has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

The Meet Group’s shares gained 25.5% over the last one month. The company possesses a Momentum Score of A.

Mesoblast Limited (MESO - Free Report) : This regenerative medicine company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.7% over the last 60 days.

Mesoblast’s shares gained 30.4% over the last one month. 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.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

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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 >>