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Top Ranked Momentum Stocks to Buy for October 4th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 4th:

Oceaneering International, Inc. (OII - Free Report) : This company that provides engineered services and products to the offshore oil and gas, defense, aerospace, and commercial theme park has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

Oceaneering International’s shares gained 46.7% over the last one month against the S&P 500’s decline of 4%. The company possesses a Momentum Score of B.

 

Range Resources Corporation (RRC - Free Report) : This independent natural gas, natural gas liquids, and oil company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.4% over the last 60 days.

 

Range Resources’ shares gained 24.8% over the last one month. The company possesses a Momentum Score of A.

 

Continental Resources, Inc. : This company that explores for, develops, and produces crude oil and natural gas has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.5% over the last 60 days.

 

Continental Resources’ shares gained 22.6% over the last one month. The company possesses a Momentum Score of A.

 

ArcBest Corporation (ARCB - Free Report) : This company that provides freight transportation and integrated logistics services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.7% over the last 60 days.

 

ArcBest Corp’s shares gained 22.9% 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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Range Resources Corporation (RRC) - free report >>

Oceaneering International, Inc. (OII) - free report >>

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