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Top Ranked Momentum Stocks to Buy for October 10th

Zacks Equity Research

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

Crocs, Inc. (CROX): This shoe manufacturing company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

Crocs, Inc. Price and Consensus

Crocs, Inc. Price and Consensus

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

Crocs’ shares gained 15.3% over the last one month in contrast the S&P 500 declined 2%. The company possesses a Momentum Score of A.

Crocs, Inc. Price

Crocs, Inc. Price

Crocs, Inc. price | Crocs, Inc. Quote

Danaos Corporation (DAC): This shipping company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

Danaos Corporation Price and Consensus

Danaos Corporation Price and Consensus

Danaos Corporation price-consensus-chart | Danaos Corporation Quote

Danaos Corporation’s shares gained 27.7% over the last one month. The company possesses a Momentum Score of A.

Danaos Corporation Price

Danaos Corporation Price

Danaos Corporation price | Danaos Corporation Quote

Meritage Homes Corporation (MTH): This home construction company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 2.8% over the last 60 days.

Meritage Corporation Price and Consensus

Meritage Corporation Price and Consensus

Meritage Corporation price-consensus-chart | Meritage Corporation Quote

Meritage Homes’ shares gained 10.6% over the last one month. The company possesses a Momentum Score of A.

Meritage Corporation Price

Meritage Corporation Price

Meritage Corporation price | Meritage Corporation Quote

Square Enix Holdings Co., Ltd. (SQNXF): This video game company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.8% over the last 60 days.

Square Enix Holdings Co., Ltd. Price and Consensus

Square Enix Holdings Co., Ltd. Price and Consensus

Square Enix Holdings Co., Ltd. price-consensus-chart | Square Enix Holdings Co., Ltd. Quote

Square Enix Holding’s shares gained 22.8% over the last one month. The company possesses a Momentum Score of B.

Square Enix Holdings Co., Ltd. Price

Square Enix Holdings Co., Ltd. Price

Square Enix Holdings Co., Ltd. price | Square Enix Holdings Co., Ltd. Quote

See the full list of top ranked stocks here

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

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


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Square Enix Holdings Co., Ltd. (SQNXF) : Free Stock Analysis Report
 
Meritage Corporation (MTH) : Free Stock Analysis Report
 
Danaos Corporation (DAC) : Free Stock Analysis Report
 
Crocs, Inc. (CROX) : Free Stock Analysis Report
 
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