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Best Momentum Stock to Buy for Oct. 13th
Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, Oct. 13th:
Wayfair (W - Free Report) : This company, which is one of the world's leading online sellers of home goods products, consisting of furniture and home decor, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days.
Wayfair Inc. Price and Consensus
Wayfair Inc. price-consensus-chart | Wayfair Inc. Quote
Wayfair's shares gained 32.8% over the last three month compared with the S&P 500’s gain of 4.5%. The company possesses a Momentum Score of A.
Wayfair Inc. Price
Wayfair Inc. price | Wayfair Inc. Quote
Richardson Electronics (RELL - Free Report) : This company, which is a global provider of engineered solutions for its customers' needs through product manufacturing, systems integration, prototype design and manufacture, testing and logistics, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 52.9% over the last 60 days.
Richardson Electronics, Ltd. Price and Consensus
Richardson Electronics, Ltd. price-consensus-chart | Richardson Electronics, Ltd. Quote
Richardson Electronics' shares gained 14.2% over the last three month compared with the S&P 500’s gain of 4.5%. The company possesses a Momentum Score of A.
Richardson Electronics, Ltd. Price
Richardson Electronics, Ltd. price | Richardson Electronics, Ltd. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.