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Best Momentum Stocks to Buy for October 5th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 5th:

Teekay Tankers Ltd. (TNK - Free Report) : This marine transportation services company catering to oil industries has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 236.7% over the last 60 days.

Teekay’s shares gained 59.2% over the last three months compared with the S&P 500’s decline of 4.2%. The company possesses a Momentum Score of A.

 

 

Aviat Networks, Inc. (AVNW - Free Report) : This wireless transport solutions company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Aviat’s shares gained 13.6% over the last three months compared with the S&P 500’s decline of 4.2%. The company possesses a Momentum Score of A.

Coupang, Inc. (CPNG - Free Report) : This mobile based e-commerce company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 50% over the last 60 days.

Coupang’s shares gained 21.6% over the last three months compared with the S&P 500’s decline of 4.2%. 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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