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Top Ranked Momentum Stocks to Buy for November 2nd

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Zacks Equity Research
·3 min read
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, November 2nd:

Merit Medical Systems, Inc. (MMSI): This disposable medical devices manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.5% over the last 60 days.

 

Merit Medical Systems, Inc. Price and Consensus

Merit Medical Systems, Inc. Price and Consensus
Merit Medical Systems, Inc. Price and Consensus

Merit Medical Systems, Inc. price-consensus-chart | Merit Medical Systems, Inc. Quote

 

Merit Medical Systems’ shares gained 17.1% over the last one month compared with the S&P 500’s decline of 3.3%. The company possesses a Momentum Score of B.

 

Merit Medical Systems, Inc. Price

Merit Medical Systems, Inc. Price
Merit Medical Systems, Inc. Price

Merit Medical Systems, Inc. price | Merit Medical Systems, Inc. Quote

 

MarineMax, Inc. (HZO): This recreational boat and yacht retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 44% over the last 60 days.

 

MarineMax, Inc. Price and Consensus

MarineMax, Inc. Price and Consensus
MarineMax, Inc. Price and Consensus

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

 

MarineMax’s shares gained 13.3% over the last one month. The company possesses a Momentum Score of A.

 

MarineMax, Inc. Price

MarineMax, Inc. Price
MarineMax, Inc. Price

MarineMax, Inc. price | MarineMax, Inc. Quote

 

NIC Inc. (EGOV): This digital government services provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days.

 

NIC Inc. Price and Consensus

NIC Inc. Price and Consensus
NIC Inc. Price and Consensus

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

 

NIC’s shares gained 12.8% over the last one month. The company possesses a Momentum Score of B.

 

NIC Inc. Price

NIC Inc. Price
NIC Inc. Price

NIC Inc. price | NIC Inc. Quote

 

Rocky Brands, Inc. (RCKY): This footwear and apparel manufacturer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 42.4% over the last 60 days.

 

Rocky Brands, Inc. Price and Consensus

Rocky Brands, Inc. Price and Consensus
Rocky Brands, Inc. Price and Consensus

Rocky Brands, Inc. price-consensus-chart | Rocky Brands, Inc. Quote

 

Rocky Brands’ shares gained 7.5% over the last one month. The company possesses a Momentum Score of A.

 

Rocky Brands, Inc. Price

Rocky Brands, Inc. Price
Rocky Brands, Inc. Price

Rocky Brands, Inc. price | Rocky Brands, Inc. Quote

 

See the full list of top ranked stocks here.

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

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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Rocky Brands, Inc. (RCKY) : Free Stock Analysis Report
 
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MarineMax, Inc. (HZO) : Free Stock Analysis Report
 
NIC Inc. (EGOV) : Free Stock Analysis Report
 
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