Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for November 4th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, November 4th:                

Amkor Technology, Inc. (AMKR - Free Report) : This outsourced semiconductor packaging and test services company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Amkor’s shares gained 31.2% over the last one month above the S&P 500’s increase 3.9%. The company possesses a Momentum Score of A.

Stamps.com Inc. (STMP - Free Report) : This internet-based mailing and shipping company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.

Stamps.com’s shares gained 10.7% over the last one month. The company possesses a Momentum Score of B.

Teekay Tankers Ltd. (TNK - Free Report) : This marine oil transportation service company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Teekay Tankers’ shares gained 41.7% over the last one month. The company possesses a Momentum Score of B.

Commvault Systems, Inc. (CVLT - Free Report) : This data protection and information management software applications and related services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.7% over the last 60 days.

Commvault Systems’ shares gained 9.2% 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.

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.

See 8 breakthrough stocks now>>

Published in