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Top Ranked Momentum Stocks to Buy for October 18th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 18th:

Tower International, Inc. (TOWR): This seller of engineered automotive structural metal components has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 0.3% over the last 60 days.

Tower International, Inc. Price and Consensus

Tower International, Inc. price-consensus-chart | Tower International, Inc. Quote

Tower International's shares gained 15.3% over the last one month more than S&P 500's gain of 2.4%. The company possesses a Momentum Score of A.

Tower International, Inc. Price

Tower International, Inc. price | Tower International, Inc. Quote

Lam Research Corporation (LRCX): This designer of semiconductor processing equipment has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 1.8% over the last 60 days.

Lam Research Corporation Price and Consensus

Lam Research Corporation price-consensus-chart | Lam Research Corporation Quote

Lam Research's shares gained 12.5% over the last one month. The company possesses a Momentum Score of A.

Lam Research Corporation Price

Lam Research Corporation price | Lam Research Corporation Quote

BorgWarner Inc. (BWA): This electric vehicles solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 0.3% over the last 60 days.

BorgWarner Inc. Price and Consensus

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

BorgWarner's shares gained 6.7% over the last one month. The company possesses a Momentum Score of A.

BorgWarner Inc. Price

BorgWarner Inc. price | BorgWarner Inc. Quote

SMART Global Holdings, Inc. (SGH): This semiconductor systems provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 14.2% over the last 60 days.

SMART Global Holdings, Inc. Price and Consensus

SMART Global Holdings, Inc. price-consensus-chart | SMART Global Holdings, Inc. Quote

SMART Global Holdings' shares gained 41.7% over the last one month. The company possesses a Momentum Score of A.

SMART Global Holdings, Inc. Price

SMART Global Holdings, Inc. price | SMART Global Holdings, Inc. Quote

See the full list of top ranked stocks here

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

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

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Tower International, Inc. (TOWR): Free Stock Analysis Report

SMART Global Holdings, Inc. (SGH): Free Stock Analysis Report

Lam Research Corporation (LRCX): Free Stock Analysis Report

BorgWarner Inc. (BWA): Free Stock Analysis Report

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


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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