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Best Momentum Stocks to Buy for October 7th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 7:

Micron Technology, Inc. (MU - Free Report) : This seller of memory and storage products worldwide has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.

Micron’s shares gained 10.2% over the last three months compared with the S&P 500’s advance of 3.9%. The company possesses a Momentum Score  of A.

Equinor ASA (EQNR - Free Report) : This explorer and producer of petroleum and related products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.6% over the last 60 days.

Equinor ASA Price and Consensus

Equinor ASA Price and Consensus

Equinor ASA price-consensus-chart | Equinor ASA Quote

Equinor’s shares gained 25.5% over the last three months compared with the S&P 500’s advance of 3.9%. The company possesses a Momentum Score of A.

Oceaneering International, Inc. (OII - Free Report) : This offshore energy, defense, aerospace and robotics services provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.1% over the last 60 days.

Oceaneering’s shares gained 9.3% over the last three months compared with the S&P 500’s advance of 3.9%. 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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