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Best Momentum Stocks to Buy for November 1st

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, November 1st:

LendingClub Corporation LC: This company that provides range of financial products and services through a technology-driven platform has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

LendingClub’s shares gained 66.8% over the last one month compared with the S&P 500’s growth of 7.3%. The company possesses a Momentum Score of A.

 

Boot Barn Holdings, Inc. BOOT: This lifestyle retail chain has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.6% over the last 60 days.

 

Boot Barn’s shares gained 15.3% over the last one month. The company possesses a Momentum Score of A.

 

Moelis & Company MC: This investment banking advisory firm has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.7% over the last 60 days.

 

Moelis & Company Price and Consensus

Moelis & Company price-consensus-chart | Moelis & Company Quote

 

Moelis & Co’s shares gained 11.1% over the last one month. The company possesses a Momentum Score of A.

 

Xilinx, Inc. XLNX: This company that designs, develops, and markets programmable devices and associated technologies has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.2% over the last 60 days.

 

Xilinx, Inc. Price and Consensus

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

 

Xilinx’s shares gained 21.6% 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.


Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Xilinx, Inc. (XLNX): Free Stock Analysis Report
 
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
 
Moelis & Company (MC): Free Stock Analysis Report
 
LendingClub Corporation (LC): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
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