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5 Momentum Stocks to Buy for November After an Impressive October
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Key Takeaways
U.S. markets extended gains in September and October, lifting investor sentiment for November.
Fed rate cuts and easing U.S.-China trade tensions bolstered confidence in equities.
TRV, NEM, FIX, GLW and TEL each holds strong price momentum for November.
U.S. stock markets have continued their northward journey in 2025 following an impressive rally over the previous two years. September and October are generally known as the toughest months for Wall Street. Surprisingly, this year, these two months generated impressive gains for investors.
In September, all three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — rallied 1.9%, 3.5% and 5.6%, respectively. Similarly for October — the Dow, the S&P 500 and the Nasdaq Composite — advanced 2.5%, 2.3% and 4.7%, respectively.
Solid earnings results, especially by tech bigwigs which use AI extensively and higher AI capex evaporates market participants’ concerns that the AI bubble is likely to burst any time soon. This situation also solidified the future guidance by AI infrastructure developers and chip makers, original equipment manufacturers (OEMs) and nuclear power producers and OEMs.
Moreover, a 25-basis-point interest rate cut by the Fed in October, the second one for 2025 and positive developments on the trade and tariff front between the United States and China after last week’s meeting between President Donald Trump and Xi Jinping boosted market participants’ confidence in risky assets like equities.
At this stage, it will be prudent to invest in stocks with a favorable Zacks Rank that have momentum in November. Five such stocks are: The Travelers Companies Inc. (TRV - Free Report) , Newmont Corp. (NEM - Free Report) , Comfort Systems USA Inc. (FIX - Free Report) , Corning Inc. (GLW - Free Report) and TE Connectivity plc (TEL - Free Report) .
The chart below shows the price performance of our five picks year to date.
Image Source: Zacks Investment Research
The Travelers Companies Inc.
The Travelers Companies boasts a strong market presence in auto, homeowners’ insurance and commercial U.S. property-casualty insurance with solid inorganic growth. A high retention rate, a rise in new business, underwriting excellence and positive renewal premium change bodes well. TRV’s commercial businesses should perform well owing to market stability.
Given growth at profitable agencies like auto and homeowners business, TRV remains optimistic about the personal line of business. Strong and reliable returns from the growing fixed-income portfolio should drive net investment income. Sufficient capital boosts shareholder value. TRV aims for a mid-teens core return on equity over time.
The Travelers Companies has an expected revenue and earnings growth rate of 5.1% and 14.6%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.1% in the last seven days.
Newmont Corp.
Newmont is making notable progress with its growth projects. NEM is likely to gain from several projects, including the Tanami expansion. The acquisition of Newcrest also created an industry-leading portfolio providing opportunities for significant synergies. Moreover, NEM remains focused on improving operational efficiency and returning value to its shareholders.
Newmont has received full funds approval for its Ahafo North project, which has reached the execution stage. Commercial production for the project is expected to commence in second-half 2025. NEM remains committed to Ghana, investing $950 million to $1,050 million in development capital for Ahafo North.
Newmont has an expected revenue and earnings growth rate of 12.6% and 68.4%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.9% over the last seven days.
Comfort Systems USA Inc.
Comfort Systems USA is a national provider of comprehensive heating, ventilation and air conditioning (HVAC) installation, maintenance, repair and replacement services. FIX operates primarily in the commercial and industrial HVAC markets, and performs most of its services within manufacturing plants, office buildings, retail centers, apartment complexes, and healthcare, education and government facilities.
The data center boom, driven by AI, cloud computing, and high-performance computing, is fueling demand for the specialized HVAC solutions of FIX. Cooling systems for these facilities should deliver precise and reliable performance, prompting investments in advanced technologies such as liquid cooling and modular units.
This segment is becoming a significant growth driver for FIX, offering high-margin opportunities and attracting M&A activity. HVAC firms with capabilities in precision cooling and energy-efficient infrastructure are well-positioned to capture share in this fast-expanding niche.
Comfort Systems USA has an expected revenue and earnings growth rate of 24.4% and 80.2%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.2% in the last seven days.
Corning Inc.
Corning continues to focus on developing state-of-the-art cover materials, which have been deployed on more than 8 billion devices. Samsung has opted to deploy Corning Gorilla Armor 2 cover material for its latest Galaxy S25 Ultra devices.
GLW offers several products focused on the data center, with a portfolio consisting of optical fiber, hardware, cables and connectors, enabling it to create optical solutions to meet evolving customer needs. This augurs well for its long-term growth. The growing adoption of innovative optical connectivity products for generative AI applications is expected to be a key growth driver for GLW in the upcoming quarters. GLW’s U.S.-made solar products are also gaining solid market traction.
Corning has an expected revenue and earnings growth rate of 12.3% and 27.6%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.2% in the last seven days.
TE Connectivity plc
TE Connectivity has been benefiting from strong Industrial Solutions segment growth driven by strong demand for AI applications. TEL is expected to benefit from strong demand for its solutions in AI domain as well as energy applications.
TEL benefits from strength in Asia in the Transportation segment, where increased data connectivity trends and the ongoing growth of the electrified powertrain. TEL’s global manufacturing strategy with 70% localized production is helping the company expand margins and generate free cash flow.
TE Connectivity has an expected revenue and earnings growth rate of 8.1% and 14%, respectively, for the current year (ending September 2026). The Zacks Consensus Estimate for current-year earnings has improved 5.4% in the last seven days.
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5 Momentum Stocks to Buy for November After an Impressive October
Key Takeaways
U.S. stock markets have continued their northward journey in 2025 following an impressive rally over the previous two years. September and October are generally known as the toughest months for Wall Street. Surprisingly, this year, these two months generated impressive gains for investors.
In September, all three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — rallied 1.9%, 3.5% and 5.6%, respectively. Similarly for October — the Dow, the S&P 500 and the Nasdaq Composite — advanced 2.5%, 2.3% and 4.7%, respectively.
Solid earnings results, especially by tech bigwigs which use AI extensively and higher AI capex evaporates market participants’ concerns that the AI bubble is likely to burst any time soon. This situation also solidified the future guidance by AI infrastructure developers and chip makers, original equipment manufacturers (OEMs) and nuclear power producers and OEMs.
Moreover, a 25-basis-point interest rate cut by the Fed in October, the second one for 2025 and positive developments on the trade and tariff front between the United States and China after last week’s meeting between President Donald Trump and Xi Jinping boosted market participants’ confidence in risky assets like equities.
At this stage, it will be prudent to invest in stocks with a favorable Zacks Rank that have momentum in November. Five such stocks are: The Travelers Companies Inc. (TRV - Free Report) , Newmont Corp. (NEM - Free Report) , Comfort Systems USA Inc. (FIX - Free Report) , Corning Inc. (GLW - Free Report) and TE Connectivity plc (TEL - Free Report) .
Each of our picks currently sports a Zacks Rank #1 (Strong Buy) and has a Zacks Momentum Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.
The chart below shows the price performance of our five picks year to date.
Image Source: Zacks Investment Research
The Travelers Companies Inc.
The Travelers Companies boasts a strong market presence in auto, homeowners’ insurance and commercial U.S. property-casualty insurance with solid inorganic growth. A high retention rate, a rise in new business, underwriting excellence and positive renewal premium change bodes well. TRV’s commercial businesses should perform well owing to market stability.
Given growth at profitable agencies like auto and homeowners business, TRV remains optimistic about the personal line of business. Strong and reliable returns from the growing fixed-income portfolio should drive net investment income. Sufficient capital boosts shareholder value. TRV aims for a mid-teens core return on equity over time.
The Travelers Companies has an expected revenue and earnings growth rate of 5.1% and 14.6%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.1% in the last seven days.
Newmont Corp.
Newmont is making notable progress with its growth projects. NEM is likely to gain from several projects, including the Tanami expansion. The acquisition of Newcrest also created an industry-leading portfolio providing opportunities for significant synergies. Moreover, NEM remains focused on improving operational efficiency and returning value to its shareholders.
Newmont has received full funds approval for its Ahafo North project, which has reached the execution stage. Commercial production for the project is expected to commence in second-half 2025. NEM remains committed to Ghana, investing $950 million to $1,050 million in development capital for Ahafo North.
Newmont has an expected revenue and earnings growth rate of 12.6% and 68.4%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.9% over the last seven days.
Comfort Systems USA Inc.
Comfort Systems USA is a national provider of comprehensive heating, ventilation and air conditioning (HVAC) installation, maintenance, repair and replacement services. FIX operates primarily in the commercial and industrial HVAC markets, and performs most of its services within manufacturing plants, office buildings, retail centers, apartment complexes, and healthcare, education and government facilities.
The data center boom, driven by AI, cloud computing, and high-performance computing, is fueling demand for the specialized HVAC solutions of FIX. Cooling systems for these facilities should deliver precise and reliable performance, prompting investments in advanced technologies such as liquid cooling and modular units.
This segment is becoming a significant growth driver for FIX, offering high-margin opportunities and attracting M&A activity. HVAC firms with capabilities in precision cooling and energy-efficient infrastructure are well-positioned to capture share in this fast-expanding niche.
Comfort Systems USA has an expected revenue and earnings growth rate of 24.4% and 80.2%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.2% in the last seven days.
Corning Inc.
Corning continues to focus on developing state-of-the-art cover materials, which have been deployed on more than 8 billion devices. Samsung has opted to deploy Corning Gorilla Armor 2 cover material for its latest Galaxy S25 Ultra devices.
GLW offers several products focused on the data center, with a portfolio consisting of optical fiber, hardware, cables and connectors, enabling it to create optical solutions to meet evolving customer needs. This augurs well for its long-term growth. The growing adoption of innovative optical connectivity products for generative AI applications is expected to be a key growth driver for GLW in the upcoming quarters. GLW’s U.S.-made solar products are also gaining solid market traction.
Corning has an expected revenue and earnings growth rate of 12.3% and 27.6%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.2% in the last seven days.
TE Connectivity plc
TE Connectivity has been benefiting from strong Industrial Solutions segment growth driven by strong demand for AI applications. TEL is expected to benefit from strong demand for its solutions in AI domain as well as energy applications.
TEL benefits from strength in Asia in the Transportation segment, where increased data connectivity trends and the ongoing growth of the electrified powertrain. TEL’s global manufacturing strategy with 70% localized production is helping the company expand margins and generate free cash flow.
TE Connectivity has an expected revenue and earnings growth rate of 8.1% and 14%, respectively, for the current year (ending September 2026). The Zacks Consensus Estimate for current-year earnings has improved 5.4% in the last seven days.