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Best Momentum Stocks to Buy for October 6th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 6:

Chevron Corporation (CVX - Free Report) : This integrated energy and chemicals company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.1% over the last 60 days.

Chevron’s shares gained 18.6% over the last three months compared with the S&P 500’s advance of 2.9%. The company possesses a Momentum Score of A.

Sandisk Corporation (SNDK - Free Report) : This company that designs and manufactures flash memory, storage solutions for consumers and enterprises has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.6% over the last 60 days.

Sandisk’s shares gained 5.3% over the last three months compared with the S&P 500’s advance of 2.9%. The company possesses a Momentum Score of B.

Calumet, Inc. (CLMT - Free Report) : This manufacturer of specialty products, renewable fuels and performance-branded products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.3% over the last 60 days.

Calumet’s shares gained 50.7% over the last three months compared with the S&P 500’s advance of 2.9%. The company possesses a Momentum Score of B.

 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

 

Learn more about the Momentum score and how it is calculated here.

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