Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for October 21st

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 21st:

Owens & Minor, Inc. (OMI - Free Report) : This healthcare solutions company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

Owens & Minor’s shares gained 31% over the last one month, which is more than S&P 500’s decline of 0.2%. The company possesses a Momentum Score of B.

Meritage Homes Corporation (MTH - Free Report) : This designer and builder of single-family homes has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

Meritage Homes’ shares gained 6.4% over the last one month. The company possesses a Momentum Score of B.

D.R. Horton, Inc. (DHI - Free Report) : This homebuilding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

D.R. Horton’s shares gained 3.4% over the last one month. The company possesses a Momentum Score of B.

GMS Inc. (GMS - Free Report) : This distributor of suspended ceilings systems, steel framing products and building products etc has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

GMS Inc. Price and Consensus

GMS Inc. Price and Consensus

GMS Inc. price-consensus-chart | GMS Inc. Quote

GMS’ shares gained 6.2% over the last one month. 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.

More Stock News: This Is Bigger than the iPhone!                  

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. 

Click here for the 6 trades >>

Published in