Send me real-time posts from this site at my email
Zacks

Best Momentum Stocks to Buy for October 7th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 7th:

Montauk Renewables, Inc. MNTK: This biogas focused renewable energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Montauk’s shares gained 44.8% over the last three months compared with the S&P 500’s decline of 3.4%. The company possesses a Momentum Score of A.

Larimar Therapeutics, Inc. LRMR: This clinical-stage biotechnology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.3% over the last 60 days.

Larimar’s shares gained 65.6% over the last three months compared with the S&P 500’s decline of 3.4%. The company possesses a Momentum Score of A.

Trip.com Group Limited TCOM: This travel service provider for the leisure and recreation industry has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 46.2% over the last 60 days.

Trip.com’s shares gained 10.6% over the last three months compared with the S&P 500’s decline 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.


This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation

Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.

>>Yes, I Want to Help Protect My Portfolio During the Recession

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
 
Trip.com Group Limited Sponsored ADR (TCOM): Free Stock Analysis Report
 
Larimar Therapeutics, Inc. (LRMR): Free Stock Analysis Report
 
Montauk Renewables, Inc. (MNTK): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue