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Top Ranked Momentum Stocks to Buy for October 8th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 8th:

Danaos Corporation (DAC - Free Report) : This shipping company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

Danaos’ shares gained 30.2% over the last one month more than S&P 500’s decline of 1.3%. The company possesses a Momentum Score of A.

The Meet Group, Inc. : This operator of entertainment applications has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

The Meet Group’s shares gained 25.5% over the last one month. The company possesses a Momentum Score of A.

Mesoblast Limited (MESO - Free Report) : This regenerative medicine company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.7% over the last 60 days.

Mesoblast’s shares gained 30.4% over the last one month. 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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Danaos Corporation (DAC) - free report >>

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