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Top Ranked Momentum Stocks to Buy for October 4th

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

Denbury Resources Inc. : This independent oil and natural gas company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 20% over the last 60 days.

Denbury Resources Inc. Price and Consensus

Denbury Resources’ shares gained 22.4% over the last one month more than S&P 500’s gain of 1%. The company possesses a Momentum Score of B.

Denbury Resources Inc. Price

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

Blackstone’s shares gained 5.8% over the last one month. The company possesses a Momentum Score of B.

The Blackstone Group L.P. Price

PetroChina Company Limited : This petroleum company 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.

PetroChina’s shares gained 12.7% over the last one month. The company possesses a Momentum Score of A.

PetroChina Company Limited Price

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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Blackstone Inc. (BX) - free report >>