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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:

Robinhood Markets (HOOD - Free Report) : This financial services company which offers trading services in crypto, stocks, options, exchange-traded funds (ETFs), cash management, margin and securities lending, and Robinhood Gold, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

Robinhood Markets' shares gained 42.1% over the last three month compared with the S&P 500’s gain of 7.8%. The company possesses a Momentum Score of A.

Futu Holdings (FUTU - Free Report) : This technology company which offers a digitized brokerage platform and is primarily engaged in the online brokerage services and margin financing services, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.6% over the last 60 days.

Futu Holdings' shares gained 46.6% over the last three month compared with the S&P 500’s gain of 7.8%. The company possesses a Momentum Score of A.

TD SYNNEX CORP (SNX - Free Report) : This company which is a leading global IT distributor and solutions aggregator, providing a comprehensive range of technology distribution, logistics and integration services, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

TD SYNNEX CORP’s shares gained 18.4% over the last three month compared with the S&P 500’s gain of 7.8%. The company possesses a Momentum Score of A.


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TD SYNNEX Corporation (SNX) - free report >>

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Robinhood Markets, Inc. (HOOD) - free report >>

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