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Best Momentum Stocks to Buy for October 7th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 7th:

eGain Corporation (EGAN - Free Report) : This company that provides an AI-powered knowledge hub designed to automate and enhance customer experiences has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 52.2% over the last 60 days.

eGain’s shares gained 51.4% over the last three months compared with the S&P 500’s advance of 7.8%. The company possesses a Momentum Score  of A.

StoneCo Ltd. (STNE - Free Report) : This fin-tech company that provides software solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days.

StoneCo’s shares gained 9.7% over the last three months compared with the S&P 500’s advance of 7.8%. The company possesses a Momentum Score of A.

Alignment Healthcare, Inc. (ALHC - Free Report) : This healthcare platform for seniors has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days.

Alignment Healthcare’s shares gained 24.8% over the last three months compared with the S&P 500’s advance of 7.8%. 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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eGain Corporation (EGAN) - free report >>

StoneCo Ltd. (STNE) - free report >>

Alignment Healthcare, Inc. (ALHC) - free report >>

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