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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 2nd:
Albemarle Corporation (ALB - Free Report) : This developer and manufacturer of engineered specialty chemicals has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.
Landstar System, Inc. (LSTR - Free Report) : This transportation management solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 0.8% over the last 60 days.
The Blackstone Group L.P. (BX - Free Report) : This publicly owned hedge fund sponsor has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 1% over the last 60 days.
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
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Top Ranked Momentum Stocks to Buy for October 2nd
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 2nd:
Albemarle Corporation (ALB - Free Report) : This developer and manufacturer of engineered specialty chemicals has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.
Albemarle Corporation Price and Consensus
Albemarle Corporation price-consensus-chart | Albemarle Corporation Quote
Albemarle’s shares gained 4.6% over the last one month more than S&P 500’s gain of 1.2%. The company possesses a Momentum Score of A.
Albemarle Corporation Price
Albemarle Corporation price | Albemarle Corporation Quote
Landstar System, Inc. (LSTR - Free Report) : This transportation management solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 0.8% over the last 60 days.
Landstar System, Inc. Price and Consensus
Landstar System, Inc. price-consensus-chart | Landstar System, Inc. Quote
LSTR’s shares gained 1.4% over the last one month. The company possesses a Momentum Score of A.
Landstar System, Inc. Price
Landstar System, Inc. price | Landstar System, Inc. Quote
The Blackstone Group L.P. (BX - Free Report) : This publicly owned hedge fund sponsor has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 1% over the last 60 days.
The Blackstone Group L.P. Price and Consensus
The Blackstone Group L.P. price-consensus-chart | The Blackstone Group L.P. Quote
Blackstone Group’s shares gained 6.3% over the last one month. The company possesses a Momentum Score of B.
The Blackstone Group L.P. Price
The Blackstone Group L.P. price | The Blackstone Group L.P. Quote
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 new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>