Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 16th:

REE Automotive Ltd. : This automotive technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 46.3% over the last 60 days.

REE Automotive Ltd. Price and Consensus

REE Automotive Ltd. price-consensus-chart | REE Automotive Ltd. Quote

REE Automotive’s shares gained 56.8% over the last three months compared with the S&P 500’s advance of 4%. The company possesses a Momentum Score  of B.

REE Automotive Ltd. Price

REE Automotive Ltd. price | REE Automotive Ltd. Quote

Unity Bancorp, Inc. (UNTY Quick QuoteUNTY - Free Report) : This holding company for Unity Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

Unity Bancorp, Inc. Price and Consensus

Unity Bancorp, Inc. price-consensus-chart | Unity Bancorp, Inc. Quote

Unity Bancorp’s shares gained 11.5% over the last three months compared with the S&P 500’s advance of 4%. The company possesses a Momentum Score of A.

Unity Bancorp, Inc. Price

Unity Bancorp, Inc. price | Unity Bancorp, Inc. Quote

First Community Corporation (FCCO Quick QuoteFCCO - Free Report) : This bank holding company for First Community Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

First Community Corporation Price and Consensus

First Community Corporation price-consensus-chart | First Community Corporation Quote

First Community’s shares gained 4.9% over the last three months compared with the S&P 500’s advance of 4%. The company possesses a Momentum Score of A.

First Community Corporation Price

First Community Corporation price | First Community Corporation Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.