Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for October 9th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 9th:

Frontline Ltd. (FRO - Free Report) : This shipping company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.

Frontline’s shares gained 25% over the last one month more than S&P 500’s decline of 2.9%. The company possesses a Momentum Score of B.

Cesca Therapeutics Inc. (KOOL - Free Report) : This developer of cell-based therapeutics has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 86% over the last 60 days.

Cesca Therapeutics’ shares gained 49.5% over the last one month. The company possesses a Momentum Score of A.

Cortexyme, Inc. (CRTX - Free Report) : This pharmaceutical company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.2% over the last 60 days.

Cortexyme’s shares gained 10.8% over the last one month. The company possesses a Momentum Score of A.

Coeur Mining, Inc. (CDE - Free Report) : This mining company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.7% over the last 60 days.

Coeur Mining’s shares gained 12.6% 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.

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>

Published in