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Best Momentum Stock to Buy for October 23rd

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 23rd:

Hasbro (HAS - Free Report) : This company, which designs, manufactures and markets games, toys and licensed products, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Hasbro’s shares gained 33% over the last three month compared with the S&P 500’s gain of 3.4%. The company possesses a Momentum Score of B.

Universal Insurance Holdings (UVE - Free Report) : This vertically integrated insurance holding company, which is principally engaged in the property and casualty insurance business, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.4% over the last 60 days.

Universal Insurance’s shares gained 16.8% over the last three month compared with the S&P 500’s gain of 3.4%. The company possesses a Momentum Score of B.

Healthcare Services Group (HCSG - Free Report) : This company, which provides housekeeping, laundry, linen, facility maintenance and food services to the health care industry, including nursing homes, retirement complexes, rehabilitation centers and hospitals, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Healthcare Services Group’s shares gained 9% over the last three month compared with the S&P 500’s gain of 3.4%. 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.

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