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Best Momentum Stocks to Buy for November 2nd

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

AppFolio, Inc. (APPF - Free Report) : This company that provides cloud business management solutions for the real estate industry has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.9% over the last 60 days.

AppFolio’s shares gained 5.1% over the last three months compared with the S&P 500’s decline of 6.7%. The company possesses a Momentum Score  of A.

Universal Stainless& Alloy Products, Inc. (USAP - Free Report) : This specialty steel products company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.6% over the last 60 days.

Universal Stainless’ shares gained 46.7% over the last six months compared with the S&P 500’s advance of 2.7%. The company possesses a Momentum Score of B.

The Progressive Corporation (PGR - Free Report) : This insurance holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.5% over the last 60 days.

Progressive’s shares gained 23.9% over the last three months compared with the S&P 500’s decline of 6.7%. 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.


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The Progressive Corporation (PGR) - free report >>

Universal Stainless & Alloy Products, Inc. (USAP) - free report >>

AppFolio, Inc. (APPF) - free report >>

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