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Top Ranked Momentum Stocks to Buy for November 1st

Zacks Equity Research

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

Simpson Manufacturing Co., Inc. (SSD): This company that designs, engineers, manufactures, and sells building construction products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Simpson Manufacturing Company, Inc. Price and Consensus

Simpson Manufacturing Company, Inc. Price and Consensus

Simpson Manufacturing Company, Inc. price-consensus-chart | Simpson Manufacturing Company, Inc. Quote

Simpson Manufacturing’s shares gained 21.3% over the last one month above the S&P 500’s increase 3.3%. The company possesses a Momentum Score of A.

Simpson Manufacturing Company, Inc. Price

Simpson Manufacturing Company, Inc. Price

Simpson Manufacturing Company, Inc. price | Simpson Manufacturing Company, Inc. Quote

Garmin Ltd. (GRMN): This company that designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.

Garmin Ltd. Price and Consensus

Garmin Ltd. Price and Consensus

Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote

Garmin’s shares gained 11% over the last one month. The company possesses a Momentum Score of A.

Garmin Ltd. Price and Consensus

Garmin Ltd. Price and Consensus

Garmin Ltd. price-consensus-chart | Garmin Ltd. Quote

Unifi, Inc. (UFI): This company that manufactures and sells recycled and synthetic products made from polyester and nylon has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 3.5% over the last 60 days.

Unifi, Inc. Price and Consensus

Unifi, Inc. Price and Consensus

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

Unifi’s shares gained 27.6% over the last one month. The company possesses a Momentum Score of A.

Unifi, Inc. Price

Unifi, Inc. Price

Unifi, Inc. price | Unifi, Inc. Quote

Diamond S Shipping Inc. (DSSI): This shipping company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Diamond S Shipping Inc. Price and Consensus

Diamond S Shipping Inc. Price and Consensus

Diamond S Shipping Inc. price-consensus-chart | Diamond S Shipping Inc. Quote

Diamond S Shipping’s shares gained 26.7% over the last one month. The company possesses a Momentum Score of B.

Diamond S Shipping Inc. Price

Diamond S Shipping Inc. Price

Diamond S Shipping Inc. price | Diamond S Shipping Inc. Quote

See the full list of top ranked stocks here

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

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.5% per year. So be sure to give these hand-picked 7 your immediate attention.

See them now >>


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Unifi, Inc. (UFI) : Free Stock Analysis Report
 
Simpson Manufacturing Company, Inc. (SSD) : Free Stock Analysis Report
 
Garmin Ltd. (GRMN) : Free Stock Analysis Report
 
Diamond S Shipping Inc. (DSSI) : Free Stock Analysis Report
 
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