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Best Momentum Stocks to Buy for Oct. 20

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Oct. 20:

Perpetua Resources Corp. (PPTA - Free Report) : This mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.1% over the last 60 days.

Perpetua’s shares gained 47.5% over the last three months compared with the S&P 500’s advance of 5.8%. The company possesses a Momentum Score  of A.

Cenovus Energy Inc. (CVE - Free Report) : This explorer and producer of crude oil, natural gas and natural gas liquids has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.9% over the last 60 days.

Cenovus’ shares gained 19.6% over the past three months compared with the S&P 500’s advance of 5.8%. The company possesses a Momentum Score of A.

Kinross Gold Corporation (KGC - Free Report) : This gold-mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.

Kinross Gold’s shares gained 57.7% over the last three months compared with the S&P 500’s advance of 5.8%. 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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