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Top Ranked Momentum Stocks to Buy for October 22nd

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 22nd:

Costamare Inc. (CMRE): This container ship and liner owning and chartering company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Costamare Inc. Price and Consensus

Costamare Inc. Price and Consensus
Costamare Inc. Price and Consensus

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

Costamare’s shares gained 9.8% over the last one month above the S&P 500’s increase 0.5%. The company possesses a Momentum Score of A.

Costamare Inc. Price

Costamare Inc. Price
Costamare Inc. Price

Costamare Inc. price | Costamare Inc. Quote

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Lithia Motors, Inc. (LAD): This automotive retailing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

Lithia Motors, Inc. Price and Consensus

Lithia Motors, Inc. Price and Consensus
Lithia Motors, Inc. Price and Consensus

Lithia Motors, Inc. price-consensus-chart | Lithia Motors, Inc. Quote

Lithia Motors’ shares gained 3.5% over the last one month. The company possesses a Momentum Score of A.

Lithia Motors, Inc. Price

Lithia Motors, Inc. Price
Lithia Motors, Inc. Price

Lithia Motors, Inc. price | Lithia Motors, Inc. Quote

NRG Energy, Inc. (NRG): This energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 1.8% over the last 60 days.

NRG Energy, Inc. Price and Consensus

NRG Energy, Inc. Price and Consensus
NRG Energy, Inc. Price and Consensus

NRG Energy, Inc. price-consensus-chart | NRG Energy, Inc. Quote

NRG Energy’s shares gained 2.7% over the last one month. The company possesses a Momentum Score of A.

NRG Energy, Inc. Price

NRG Energy, Inc. Price
NRG Energy, Inc. Price

NRG Energy, Inc. price | NRG Energy, Inc. Quote

Summit Therapeutics plc (SMMT): This bio-pharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.2% over the last 60 days.

Summit Therapeutics PLC Price and Consensus

Summit Therapeutics PLC Price and Consensus
Summit Therapeutics PLC Price and Consensus

Summit Therapeutics PLC price-consensus-chart | Summit Therapeutics PLC Quote

Summit Therapeutics’ shares gained 26.6% over the last one month. The company possesses a Momentum Score of A.

Summit Therapeutics PLC Price

Summit Therapeutics PLC Price
Summit Therapeutics PLC Price

Summit Therapeutics PLC price | Summit Therapeutics PLC Quote

See the full list of top ranked stocks here

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

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.50% per year. So be sure to give these hand-picked 7 your immediate attention.

See them 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
 
Summit Therapeutics PLC (SMMT) : Free Stock Analysis Report
 
NRG Energy, Inc. (NRG) : Free Stock Analysis Report
 
Lithia Motors, Inc. (LAD) : Free Stock Analysis Report
 
Costamare Inc. (CMRE) : Free Stock Analysis Report
 
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