Back to top

Image: Shutterstock

Best Momentum Stocks to Buy for November 1st

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 1st:

Patterson-UTI Energy, Inc. (PTEN - Free Report) : This onshore contract drilling company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.

Patterson-UTI’s shares gained 7.6% over the last three months compared with the S&P 500’s decline of 5.8%. The company possesses a Momentum Score of A.

Industrias Bachoco, S.A.B. de C.V. (IBA - Free Report) : This poultry producer from Mexico has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.

Industrias Bachoco’s shares gained 11% over the last three months compared with the S&P 500’s decline of 5.8%. The company possesses a Momentum Score of A.

Nutanix, Inc. (NTNX - Free Report) : This enterprise cloud platform company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 135.9% over the last 60 days.

Nutanix Price and Consensus

Nutanix Price and Consensus

Nutanix price-consensus-chart | Nutanix Quote

Nutanix’s shares gained 80.1% over the last three months compared with the S&P 500’s decline of 5.8%. 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


Normally $25 each - click below to receive one report FREE:


Patterson-UTI Energy, Inc. (PTEN) - free report >>

Nutanix (NTNX) - free report >>

Industrias Bachoco, S.A. de C.V. (IBA) - free report >>

Published in