Back to top

Image: Bigstock

Best Momentum Stocks to Buy for October 7th

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 7th:

Montauk Renewables, Inc. (MNTK - Free Report) : This biogas focused renewable energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Montauk’s shares gained 44.8% over the last three months compared with the S&P 500’s decline of 3.4%. The company possesses a Momentum Score of A.

Larimar Therapeutics, Inc. (LRMR - Free Report) : This clinical-stage biotechnology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.3% over the last 60 days.

Larimar’s shares gained 65.6% over the last three months compared with the S&P 500’s decline of 3.4%. The company possesses a Momentum Score of A.

Trip.com Group Limited (TCOM - Free Report) : This travel service provider for the leisure and recreation industry has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 46.2% over the last 60 days.

Trip.com’s shares gained 10.6% over the last three months compared with the S&P 500’s decline of 3.4%. The company possesses a Momentum Score of B.

 

See the full list of top ranked stocks here

 

Learn more about the Momentum score and how it is calculated here.

Published in