Back to top

Image: Bigstock

Best Momentum Stocks to Buy for October 18th

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 18th:

Zoom Video Communications, Inc. (ZM - Free Report) : This unified communications platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.

Zoom’s shares gained 19.3% over the last three months compared with the S&P 500’s advance of 6%. The company possesses a Momentum Score  of A.

HashiCorp, Inc. (HCP - Free Report) : This multi-cloud infrastructure automation solutions company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 92.9% over the last 60 days.

HashiCorp’s shares gained 41% over the last six months compared with the S&P 500’s advance of 17.6%. The company possesses a Momentum Score of B.

Madison Square Garden Entertainment Corp. (MSGE - Free Report) : This live entertainment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

Madison Square Garden’s shares gained 15.4% over the last three months compared with the S&P 500’s advance of 6%. 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:


HashiCorp, Inc. (HCP) - free report >>

Zoom Video Communications, Inc. (ZM) - free report >>

Madison Square Garden Entertainment Corp. (MSGE) - free report >>

Published in