Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for October 13th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 13th:

Guess', Inc. (GES - Free Report) : This designer and distributor of lifestyle collections of apparel and accessories for men, women, and children has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.

Guess, Inc. Price and Consensus

Guess' shares gained 5% over the last one month compared to S&P 500’s rise of +4.2%. The company possesses a Momentum Score of A.

Guess, Inc. Price

IDEXX Laboratories, Inc. (IDXX - Free Report) : This developer and manufacturer of products and services primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.

IDEXX Laboratories, Inc. Price and Consensus

IDEXX's shares gained 15.2% over the last one month. The company possesses a Momentum Score of B.

IDEXX Laboratories, 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 44.9% over the last 60 days.

Lithia Motors, Inc. Price and Consensus

Lithia Motors' shares gained 10.9% over the last one month. The company possesses a Momentum Score of A.

Lithia Motors, Inc. Price

Meridian Corporation (MRBK - Free Report) : This bank holding for Meridian Bank has a Zacks Rank #2 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 21.8% over the last one month. The company possesses a Momentum Score of A.

Meridian Bank Price

See the full list of top ranked stocks here

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

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by referendums and legislation, this industry is expected to blast from an already robust $17.7 billion in 2019 to a staggering $73.6 billion by 2027. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot stocks we're targeting >>

Published in