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Best Momentum Stock to Buy for Oct. 16th

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

Banco Bilbao Viscaya Argentaria (BBVA - Free Report) : This company, which is engaged in a wide variety of banking, financial and related activities in Spain, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.

Banco Bilbao Viscaya Argentaria's shares gained 22.6% over the last three month compared with the S&P 500’s gain of 6.6%. The company possesses a Momentum Score of A.

Federated Hermes (FHI - Free Report) : This company, which is a global asset manager that provides investment advisory, administrative, distribution, and other services to various investment products, including sponsored investment companies and other funds (Federated Hermes Funds) and Separate Accounts (which include separately managed accounts, institutional accounts, certain sub-advised funds, and other managed products) in both domestic and international markets, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

Federated Hermes' shares gained 13% over the last three month compared with the S&P 500’s gain of 6.6%. The company possesses a Momentum Score of A.

TIM (TIMB - Free Report) : This single company in Brazil, which offers mobile cellular service throughout the Brazilian territory, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

TIM's shares gained 14.6% over the last three month compared with the S&P 500’s gain of 6.6%. 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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Normally $25 each - click below to receive one report FREE:


Banco Bilbao Viscaya Argentaria S.A. (BBVA) - free report >>

Federated Hermes, Inc. (FHI) - free report >>

TIM S.A. Sponsored ADR (TIMB) - free report >>

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