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Top Ranked Momentum Stocks to Buy for October 5th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 5th:

Big Lots, Inc. (BIG - Free Report) : This retailer in the United States has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.7% over the last 60 days.

Big Lots, Inc. Price and Consensus

Big Lots’ shares gained 15.2% over the last one month compared to S&P 500’s fall of -1.2%. The company possesses a Momentum Score of A.

Big Lots, Inc. Price

Lithia Motors, Inc. (LAD - Free Report) : This automotive retailer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days.

Lithia Motors, Inc. Price and Consensus

Lithia Motors shares gained 14% over the last one month. The company possesses a Momentum Score of B.

Lithia Motors, Inc. Price

Meridian Corporation (MRBK - Free Report) : This bank holding for Meridian Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Meridian Bank Price and Consensus

Meridian's shares gained 8.3% over the last one month. The company possesses a Momentum Score of B.

Meridian Bank Price

FedEx Corporation (FDX - Free Report) : This provider of transportation, e-commerce, and business services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 50.7% over the last 60 days.

FedEx Corporation Price and Consensus

FedEx's shares gained 15.1% over the last one month. The company possesses a Momentum Score of A.

FedEx Corporation Price

See the full list of top ranked stocks here

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

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Meridian Bank (MRBK) - free report >>

Lithia Motors, Inc. (LAD) - free report >>

FedEx Corporation (FDX) - free report >>

Big Lots, Inc. (BIG) - free report >>