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Best Momentum Stock to Buy for October 2nd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 2nd:

Eaton (ETN - Free Report) : This diversified power management company which is a global technology leader in electrical components and systems, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.0% over the last 60 days.

Eaton’s shares gained 6.7% over the last three month compared with the S&P 500’s decline of 2.8%.  The company possesses a Momentum Score of A.

Trane Technologies (TT - Free Report) : This company which is a designer, manufacturer, seller and servicer of climate control products for heating, ventilation, air conditioning and transport solutions, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

Trane Technologies’ shares gained 6.5% over the last three month compared with the S&P 500’s decline of 2.8%.  The company possesses a Momentum Score of A.

Emerson Electric Co. (EMR - Free Report) : This company which is a diversified global engineering and technology company, with presence in Europe, the Americas, and Asia, Middle East & Africa, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.0% over the last 60 days.

Emerson Electric’ shares gained 7.0% over the last three month compared with the S&P 500’s decline of 2.8%.  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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Emerson Electric Co. (EMR) - free report >>

Eaton Corporation, PLC (ETN) - free report >>

Trane Technologies plc (TT) - free report >>

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