Best Momentum Stocks to Buy for October 26th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 26th:

Covenant Logistics Group, Inc. CVLG: This transportation and logistics company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing almost 3% over the last 60 days.

Covenant Logistics Group, Inc. Price and Consensus

Covenant Logistics Group, Inc. Price and Consensus

Covenant Logistics Group, Inc. price-consensus-chart | Covenant Logistics Group, Inc. Quote

Covenant’s shares gained 4.8% over the last three months compared with the S&P 500’s decline of 3%. The company possesses a Momentum Score of A.

Covenant Logistics Group, Inc. Price

Covenant Logistics Group, Inc. Price

Covenant Logistics Group, Inc. price | Covenant Logistics Group, Inc. Quote

 

Banner Corporation BANR: This bank holding company for Banner Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4 % over the last 60 days.

Banner Corporation Price and Consensus

Banner Corporation Price and Consensus

Banner Corporation price-consensus-chart | Banner Corporation Quote

Banner’s shares gained 15% over the last three months compared with the S&P 500’s decline of 3%. The company possesses a Momentum Score of A.

Banner Corporation Price

Banner Corporation Price

Banner Corporation price | Banner Corporation Quote

Independent Bank Corp. INDB: This bank holding company for Rockland Trust Company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.

Independent Bank Corp. Price and Consensus

Independent Bank Corp. Price and Consensus

Independent Bank Corp. price-consensus-chart | Independent Bank Corp. Quote

Independent Bank’s shares gained 2.7% over the last three months compared with the S&P 500’s decline of 3%. The company possesses a Momentum Score of A.

Independent Bank Corp. Price

Independent Bank Corp. Price

Independent Bank Corp. price | Independent Bank Corp. Quote

 

See the full list of top ranked stocks here

 

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


5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

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
 
Banner Corporation (BANR): Free Stock Analysis Report
 
Independent Bank Corp. (INDB): Free Stock Analysis Report
 
Covenant Logistics Group, Inc. (CVLG): Free Stock Analysis Report
 
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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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