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Best Momentum Stocks to Buy for October 20th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 20th:

Washington Federal (WAFD - Free Report) : This company which operates as a non-diversified unitary savings and loan holding company across eight western states, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.3% over the last 60 days.

Washington Federal’ shares gained 16.0% over the last three months compared with the S&P 500’s decline of 6.9%. The company possesses a Momentum Score of A.

The Timken Company (TKR - Free Report) : This company which is a global manufacturer of bearings, friction management products, and mechanical power transmission components, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

The Timken Company’s shares gained 12.9% over the last three months compared with the S&P 500’s decline of 6.9%. The company possesses a Momentum Score of A.

StoneX Group (SNEX - Free Report) : This financial services company which offer execution, post-trade settlement, clearing and custody services, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

StoneX Group’s shares gained 6.2% over the last three months compared with the S&P 500’s decline of 6.9%. 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.


See More Zacks Research for These Tickers


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Timken Company (The) (TKR) - free report >>

WaFd, Inc. (WAFD) - free report >>

StoneX Group Inc. (SNEX) - free report >>

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