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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. : 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.
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.
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.
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.
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.
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Top Ranked Momentum Stocks to Buy for October 5th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 5th:
Big Lots, Inc. : 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, Inc. price-consensus-chart | Big Lots, Inc. Quote
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
Big Lots, Inc. price | Big Lots, Inc. Quote
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, Inc. price-consensus-chart | Lithia Motors, Inc. Quote
Lithia Motors shares gained 14% over the last one month. The company possesses a Momentum Score of B.
Lithia Motors, Inc. Price
Lithia Motors, Inc. price | Lithia Motors, Inc. Quote
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 Bank price-consensus-chart | Meridian Bank Quote
Meridian's shares gained 8.3% over the last one month. The company possesses a Momentum Score of B.
Meridian Bank Price
Meridian Bank price | Meridian Bank Quote
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 Corporation price-consensus-chart | FedEx Corporation Quote
FedEx's shares gained 15.1% over the last one month. The company possesses a Momentum Score of A.
FedEx Corporation Price
FedEx Corporation price | FedEx Corporation Quote
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.
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