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Top Ranked Momentum Stocks to Buy for November 7th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, November 7th:                   

Universal Display Corporation (OLED - Free Report) : This organic light emitting diode developing company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16% over the last 60 days.

Universal Display’s shares gained 20.5% over the last one month above the S&P 500’s increase 4.7%. The company possesses a Momentum Score of A.

Qorvo, Inc. (QRVO - Free Report) : This radio frequency solutions and technology providing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 10% over the last 60 days.

Qorvo, Inc. Price and Consensus

Qorvo, Inc. Price and Consensus

Qorvo, Inc. price-consensus-chart | Qorvo, Inc. Quote

Qorvo’s shares gained 37.1% over the last one month. The company possesses a Momentum Score of A.

Transcat, Inc. (TRNS - Free Report) : This company that provides calibration and laboratory instrument services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.5% over the last 60 days.

Transcat’s shares gained 17% over the last one month. The company possesses a Momentum Score of A.

Retrophin, Inc. (RTRX - Free Report) : This biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.4% over the last 60 days.

Retrophin’s shares gained 6.5% 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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