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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 18th:

Tower International, Inc. (TOWR - Free Report) : This seller of engineered automotive structural metal components has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 0.3% over the last 60 days.

Tower International’s shares gained 15.3% over the last one month more than S&P 500’s gain of 2.4%. The company possesses a Momentum Score of A.

Lam Research Corporation (LRCX - Free Report) : This designer of semiconductor processing equipment has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 1.8% over the last 60 days.

Lam Research’s shares gained 12.5% over the last one month. The company possesses a Momentum Score of A.

BorgWarner Inc. (BWA - Free Report) : This electric vehicles solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 0.3% over the last 60 days.

BorgWarner’s shares gained 6.7% over the last one month. The company possesses a Momentum Score of A.

SMART Global Holdings, Inc. (SGH - Free Report) : This semiconductor systems provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 14.2% over the last 60 days.

SMART Global Holdings’ shares gained 41.7% 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.

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Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

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