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Top Ranked Momentum Stocks to Buy for October 10th

Zacks Equity Research
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Is a Surprise Coming for Macy's (M) This Earnings Season?

Macy's (M) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 10th:

Apple Inc. (AAPL): This tech giant has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 0.2% over the last 60 days.

Apple Inc. Price and Consensus

Apple Inc. Price and Consensus

Apple Inc. price-consensus-chart | Apple Inc. Quote

Apple's shares gained 3.9% over the last one month higher than the S&P 500’s increase of 0.1%. The company possesses a Momentum Score of A.

Apple Inc. Price

Apple Inc. Price

Apple Inc. price | Apple Inc. Quote

Suncor Energy Inc. (SU): This integrated energy company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 2.9% over the last 60 days.

Suncor Energy Inc. Price and Consensus

Suncor Energy Inc. Price and Consensus

Suncor Energy Inc. price-consensus-chart | Suncor Energy Inc. Quote

Suncor Energy's shares gained 1.2% over the last one month. The company possesses a Momentum Score of A.

Suncor Energy Inc. Price

Suncor Energy Inc. Price

Suncor Energy Inc. price | Suncor Energy Inc. Quote

ConocoPhillips (COP): This oil and gas company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 4.2% over the last 60 days.

ConocoPhillips Price and Consensus

ConocoPhillips Price and Consensus

ConocoPhillips price-consensus-chart | ConocoPhillips Quote

ConocoPhillips's shares gained 11.6% over the last one month. The company possesses a Momentum Score of A.

ConocoPhillips Price

ConocoPhillips Price

ConocoPhillips price | ConocoPhillips Quote

See the full list of top ranked stocks here

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

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


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Suncor Energy Inc. (SU) : Free Stock Analysis Report
 
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