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Top Ranked Momentum Stocks to Buy for October 8th

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

Quidel Corporation (QDEL - Free Report) : This diagnostic testing solutions developer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days.

Quidel’s shares gained 79.9% over the last one month compared with the S&P 500’s decline of 0.2%. The company possesses a Momentum Score of A.

Worthington Industries, Inc. (WOR - Free Report) : This metals manufacturing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.6% over the last 60 days.

Worthington Industries’ shares gained 10.6% over the last one month. The company possesses a Momentum Score of A.

Del Taco Restaurants, Inc. : This quick-service Mexican-American restaurant owner and operator has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.5% over the last 60 days.

Del Taco’s shares gained 6.3% over the last one month. The company possesses a Momentum Score of A.

FedEx Corporation (FDX - Free Report) : This transportation, e-commerce, and business services provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 53.9% over the last 60 days.

FedEx Corporation Price and Consensus

FedEx Corporation Price and Consensus

FedEx Corporation price-consensus-chart | FedEx Corporation Quote

 

FedEx’s shares gained 18.6% 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.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.

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


Worthington Enterprises, Inc. (WOR) - free report >>

FedEx Corporation (FDX) - free report >>

QuidelOrtho Corporation (QDEL) - free report >>

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