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Zacks

Best Momentum Stocks to Buy for October 22nd

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 22nd:

Houlihan Lokey, Inc. HLI: This investment banking company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.6% over the last 60 days.

Houlihan Lokey, Inc. Price and Consensus

Houlihan Lokey’s shares gained 9.2% over the last one month compared with the S&P 500’s gain of 2.3%. The company possesses a Momentum Score of A.

Houlihan Lokey, Inc. Price

OvintivInc. OVV: This company that engages in the exploration, development, production and marketing of natural gas, oil and natural gas liquids has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.9% over the last 60 days.

Ovintiv Inc. Price and Consensus

Ovintiv’s shares gained 25.2% over the last one month. The company possesses a Momentum Score of A.

Ovintiv Inc. Price

Credit AcceptanceCorporation CACC: This provider of funding, receivables management, collection, sales training and related services to automobile dealers has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days.

Credit Acceptance Corporation Price and Consensus

Credit Acceptance’s shares gained 7.9% over the last one month. The company possesses a Momentum Score of B.

Credit Acceptance Corporation Price

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.


Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

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Credit Acceptance Corporation (CACC): Free Stock Analysis Report
 
Houlihan Lokey, Inc. (HLI): Free Stock Analysis Report
 
Ovintiv Inc. (OVV): Free Stock Analysis Report
 
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Zacks Investment Research

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