U.S. Markets closed
  • S&P Futures

    3,649.75
    -10.75 (-0.29%)
     
  • Dow Futures

    29,669.00
    -135.00 (-0.45%)
     
  • Nasdaq Futures

    12,427.75
    -24.50 (-0.20%)
     
  • Russell 2000 Futures

    1,831.10
    -4.40 (-0.24%)
     
  • Crude Oil

    44.14
    -0.41 (-0.92%)
     
  • Gold

    1,813.30
    -5.60 (-0.31%)
     
  • Silver

    23.84
    -0.25 (-1.02%)
     
  • EUR/USD

    1.2083
    +0.0004 (+0.0362%)
     
  • 10-Yr Bond

    0.9340
    +0.0900 (+10.66%)
     
  • Vix

    20.77
    +0.20 (+0.97%)
     
  • GBP/USD

    1.3423
    0.0000 (-0.0000%)
     
  • USD/JPY

    104.3680
    +0.0520 (+0.0498%)
     
  • BTC-USD

    18,347.72
    -348.46 (-1.86%)
     
  • CMC Crypto 200

    360.68
    -19.18 (-5.05%)
     
  • FTSE 100

    6,384.73
    +118.54 (+1.89%)
     
  • Nikkei 225

    26,809.86
    +22.32 (+0.08%)
     

Top Ranked Momentum Stocks to Buy for October 9th

Zacks Equity Research
·3 min read

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 9th:

Capital Product Partners L.P. (CPLP): This provider of marine transportation services in Greece has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Capital Product Partners L.P. Price and Consensus

Capital Product Partners L.P. Price and Consensus
Capital Product Partners L.P. Price and Consensus

Capital Product Partners L.P. price-consensus-chart | Capital Product Partners L.P. Quote

Capital Product Partners’ shares gained 20.6% over the last one month compared to S&P 500’s rise of +4%. The company possesses a Momentum Score of A.

Capital Product Partners L.P. Price

Capital Product Partners L.P. Price
Capital Product Partners L.P. Price

Capital Product Partners L.P. price | Capital Product Partners L.P. Quote

FedEx Corporation (FDX): This provider of transportation, e-commerce, and business services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 53.9% over the last 60 days.

FedEx Corporation Price and Consensus

FedEx Corporation Price and Consensus
FedEx Corporation Price and Consensus

FedEx Corporation price-consensus-chart | FedEx Corporation Quote

FedEx's shares gained 22.3% over the last one month. The company possesses a Momentum Score of B.

FedEx Corporation Price

FedEx Corporation Price
FedEx Corporation Price

FedEx Corporation price | FedEx Corporation Quote

Lowe's Companies, Inc. (LOW): This home improvement retailer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.6% over the last 60 days.

Lowes Companies, Inc. Price and Consensus

Lowes Companies, Inc. Price and Consensus
Lowes Companies, Inc. Price and Consensus

Lowes Companies, Inc. price-consensus-chart | Lowes Companies, Inc. Quote

Lowe's shares gained 12% over the last one month. The company possesses a Momentum Score of A.

Lowes Companies, Inc. Price

Lowes Companies, Inc. Price
Lowes Companies, Inc. Price

Lowes Companies, Inc. price | Lowes Companies, 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 19.2% over the last one month. The company possesses a Momentum Score of A.

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.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.3% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>


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
 
Meridian Bank (MRBK) : Free Stock Analysis Report
 
Lowes Companies, Inc. (LOW) : Free Stock Analysis Report
 
FedEx Corporation (FDX) : Free Stock Analysis Report
 
Capital Product Partners L.P. (CPLP) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research