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Top Ranked Momentum Stocks to Buy for October 23rd

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 23rd:

UnitedHealth Group Incorporated (UNH - Free Report) : This health and well-being company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 1% over the last 60 days.

UnitedHealth Group’s shares gained 7.5% over the last one month more than S&P 500’s gain of 2.9%. The company possesses a Momentum Score of A.

Dana Incorporated (DAN - Free Report) : This manufacturer of driveline and thermal-management products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

Dana’s shares gained 7.4% over the last one month. The company possesses a Momentum Score of A.

McDonald's Corporation (MCD - Free Report) : This restaurant chain has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 0.5% over the last 60 days.

McDonald's shares gained 4.7% over the last one month. The company possesses a Momentum Score of A.

Elbit Systems Ltd. (ESLT - Free Report) : This developer of defense systems and products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

Elbit Systems’ shares gained 4.4% 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 >>