U.S. Markets closed

Top Ranked Momentum Stocks to Buy for October 21st

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 21st:

Owens & Minor, Inc. (OMI): This healthcare solutions company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

Owens & Minor, Inc. Price and Consensus

Owens & Minor, Inc. Price and Consensus

Owens & Minor, Inc. price-consensus-chart | Owens & Minor, Inc. Quote

Owens & Minor’s shares gained 31% over the last one month, which is more than S&P 500’s decline of 0.2%. The company possesses a Momentum Score of B.

Owens & Minor, Inc. Price

Owens & Minor, Inc. Price

Owens & Minor, Inc. price | Owens & Minor, Inc. Quote

Meritage Homes Corporation (MTH): This designer and builder of single-family homes has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 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 6.4% over the last one month. The company possesses a Momentum Score of B.

Meritage Corporation Price

Meritage Corporation Price

Meritage Corporation price | Meritage Corporation Quote

D.R. Horton, Inc. (DHI): This homebuilding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

D.R. Horton, Inc. Price and Consensus

D.R. Horton, Inc. Price and Consensus

D.R. Horton, Inc. price-consensus-chart | D.R. Horton, Inc. Quote

D.R. Horton’s shares gained 3.4% over the last one month. The company possesses a Momentum Score of B.

D.R. Horton, Inc. Price

D.R. Horton, Inc. Price

D.R. Horton, Inc. price | D.R. Horton, Inc. Quote

GMS Inc. (GMS): This distributor of suspended ceilings systems, steel framing products and building products etc has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

GMS Inc. Price and Consensus

GMS Inc. Price and Consensus

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

GMS’ shares gained 6.2% over the last one month. The company possesses a Momentum Score of B.

GMS Inc. Price

GMS Inc. Price

GMS Inc. price | GMS Inc. Quote

See the full list of top ranked stocks here

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

More Stock News: This Is Bigger than the iPhone!                  

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. 

Click here for the 6 trades >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Owens & Minor, Inc. (OMI) : Free Stock Analysis Report
 
Meritage Corporation (MTH) : Free Stock Analysis Report
 
GMS Inc. (GMS) : Free Stock Analysis Report
 
D.R. Horton, Inc. (DHI) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research