Top Ranked Momentum Stocks to Buy for November 2nd

ALSN

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, November 2nd:

Acacia Communications, Inc. : This provider of high-speed coherent interconnect products has seen the Zacks Consensus Estimate for its current year earnings jumping 21.9% over the last 60 days.

ACACIA COMMUNIC Price and Consensus

 

Acacia Communications’ three-month return is 6.9%, compared with a negative return of 2.7% for the S&P 500. The company possess a Momentum Score of A.

ACACIA COMMUNIC Price

 

Alliance Holdings GP, L.P. : This producer and seller of coal has witnessed the Zacks Consensus Estimate for its current year earnings climbing 9.6% over the last 60 days.

ALLIANCE HLDGS Price and Consensus

 

Alliance Holdings’s three-month return is 19.8%. The company possess a Momentum Score of A.

ALLIANCE HLDGS Price

 

Allison Transmission Holdings, Inc. (ALSN - Free Report) : This manufacturer and seller of commercial and defense fully-automatic transmissions has seen the Zacks Consensus Estimate for its current year earnings advancing 4.5% over the last 60 days.

ALLISON TRANSMN Price and Consensus

 

Allison Transmission’s three-month return is 1.4%. The company possess a Momentum Score of A.

ALLISON TRANSMN Price

 

Access National Corporation : This provider of credit, deposit, mortgage and wealth management services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.

ACCESS NATL CP Price and Consensus

 

Access National’s three-month return is 6%. The company carries a Momentum Score of B.

ACCESS NATL CP Price

 

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here

Want to see all of today's Zacks Strong Buys?                                                     

You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 stocks free of charge. There is no better place to start your own stock search. Plus you can also access the full list of must-avoid Zacks Strong Sells and other private research.   See the stocks free >>.

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 >>