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Best Momentum Stock to Buy for Oct. 17th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Oct. 17th:

Tesco (TSCDY - Free Report) : This company, which is the UK's largest retailer and one of the world's leading international retailers, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days.

Tesco PLC Price and Consensus

Tesco PLC Price and Consensus

Tesco PLC price-consensus-chart | Tesco PLC Quote

Tesco's shares gained 8% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.

Grocery Outlet (GO - Free Report) : This company, which is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products that are sold through a network of independently owned and operated stores, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

Grocery Outlet's shares gained 9.4% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.

ABB (ABBNY - Free Report) : This leading technology company whose products and services are used in automated manufacturing, providing digital solutions, electrification of industry and transport and enhancing productivity, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

ABB Ltd Price and Consensus

ABB Ltd Price and Consensus

ABB Ltd price-consensus-chart | ABB Ltd Quote

ABB’s shares gained 14.1% over the last three month compared with the S&P 500’s gain of 5.2%. 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.

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