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Top Ranked Momentum Stocks to Buy for October 7th

Zacks Equity Research
·2 min read

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

Deere & Company (DE): This manufacturer and distributor of various equipment has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.6% over the last 60 days.

Deere Company Price and Consensus

Deere  Company Price and Consensus
Deere Company Price and Consensus

Deere Company price-consensus-chart | Deere Company Quote

Deere’s shares gained 9.1% over the last one month compared to S&P 500’s rise of +2.1%. The company possesses a Momentum Score of B.

Deere Company Price

Deere  Company Price
Deere Company Price

Deere Company price | Deere Company Quote

Aaron's, Inc. (AAN): This omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.

Aarons, Inc. Price and Consensus

Aarons,  Inc. Price and Consensus
Aarons, Inc. Price and Consensus

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

Aaron's shares gained 5.3% over the last one month. The company possesses a Momentum Score of A.

Aarons, Inc. Price

Aarons,  Inc. Price
Aarons, Inc. Price

Aarons, Inc. price | Aarons, Inc. Quote

Meridian Corporation (MRBK): This bank holding for Meridian Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Meridian Bank Price and Consensus

Meridian Bank Price and Consensus
Meridian Bank Price and Consensus

Meridian Bank price-consensus-chart | Meridian Bank Quote

Meridian's shares gained 20% over the last one month. The company possesses a Momentum Score of B.

Meridian Bank Price

Meridian Bank Price
Meridian Bank Price

Meridian Bank price | Meridian Bank Quote

See the full list of top ranked stocks here

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

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Meridian Bank (MRBK) : Free Stock Analysis Report
 
Deere Company (DE) : Free Stock Analysis Report
 
Aarons, Inc. (AAN) : Free Stock Analysis Report
 
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Zacks Investment Research