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Best Momentum Stocks to Buy for October 13th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 13th:

PattersonUTI Energy (PTEN - Free Report) : This oilfield services company which is one of the largest onshore contract drillers in the United States and has a large fleet of pressure pumping equipment, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

PattersonUTI Energy’s shares gained 5.9% over the last three months compared with the S&P 500’s decline of 6.0%. The company possesses a Momentum Score of A.

PHX Minerals (PHX - Free Report) : This oil and natural gas mineral company with property principally located in Oklahoma, North Dakota, Texas, New Mexico and Arkansas, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

PHX Minerals’s shares gained 25.8% over the last three months compared with the S&P 500’s decline of 6.0%. The company possesses a Momentum Score of A.

RCI Hospitality (RICK - Free Report) : This Texas-based company which owns and/or operates adult nightclubs that offer live adult entertainment, restaurant, and bar services, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

RCI Hospitality’s shares gained 35.8% over the last three months compared with the S&P 500’s decline of 6.0%. 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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Patterson-UTI Energy, Inc. (PTEN) - free report >>

RCI Hospitality Holdings, Inc. (RICK) - free report >>

PHX Minerals Inc. (PHX) - free report >>

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