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Top Ranked Momentum Stocks to Buy for November 2nd

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Eni Divests 20% Stake in Nour Block to Mubadala Petroleum

Eni (E) inks agreement with Mubadala Petroleum relating to the sale of a 20% participating interest of its share in the Nour North Sinai Offshore concession.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 2nd:

Columbia Sportswear Company (COLM): This designer and distributor of outdoor and active lifestyle apparel, footwear and related accessories has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 3.5% over the last 60 days.

Columbia Sportswear Company Price and Consensus

Columbia Sportswear Company Price and Consensus

Columbia Sportswear Company price-consensus-chart | Columbia Sportswear Company Quote

Columbia Sportswear’s shares gained 2.8% over the last one month more than S&P 500’s loss of -5.8%. The company possesses a Momentum Score of B.

Columbia Sportswear Company Price

Columbia Sportswear Company Price

Columbia Sportswear Company price | Columbia Sportswear Company Quote

Ares Commercial Real Estate Corporation (ACRE): This owner and operator of a specialty finance company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

Ares Commercial Real Estate Corporation Price and Consensus

Ares Commercial Real Estate Corporation Price and Consensus

Ares Commercial Real Estate Corporation price-consensus-chart | Ares Commercial Real Estate Corporation Quote

Ares Commercial’s shares gained 4.6% over the last one month. The company possesses a Momentum Score of A.

Ares Commercial Real Estate Corporation Price

Ares Commercial Real Estate Corporation Price

Ares Commercial Real Estate Corporation price | Ares Commercial Real Estate Corporation Quote

Amerisafe, Inc. (AMSF): This insurance holding company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 8.1% over the last 60 days.

AMERISAFE, Inc. Price and Consensus

AMERISAFE, Inc. Price and Consensus

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

Amerisafe’s shares gained 5.9% over the last one month. The company possesses a Momentum Score of A.

AMERISAFE, Inc. Price

AMERISAFE, Inc. Price

AMERISAFE, Inc. price | AMERISAFE, Inc. 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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