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Top Ranked Momentum Stocks to Buy for September 29th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, September 29th:

Meritor, Inc. (MTOR - Free Report) : This manufacturer of integrated systems and components to OEMs has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.9% over the last 60 days.

Meritor's shares gained 39.1% over the last one month more than S&P 500’s gain of 2.7%. The company possesses a Momentum Score of A.

Terex Corporation (TEX - Free Report) : This lifting and material processing products manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 17.4% over the last 60 days.

Terex's shares gained 18.7% over the last one month. The company possesses a Momentum Score of A.

Sociedad Química y Minera de Chile S.A. (SQM - Free Report) : This specialty plant nutrients producer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.

Sociedad Química y Minera de Chile's shares gained 17.1% over the last one month. The company possesses a Momentum Score of A.

CarMax Inc. (KMX - Free Report) : This retailer of used vehicles has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 1.6% over the last 60 days.

CarMax Inc Price and Consensus

CarMax Inc price-consensus-chart | CarMax Inc Quote

CarMax's shares gained 19.6% 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.

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>



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