Markets

Top Ranked Momentum Stocks to Buy for October 4th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 4th:

Hanger, Inc. (HNGR): This orthotic and prosthetic patient care company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

Hanger Inc. Price and Consensus

Hanger Inc. Price and Consensus

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

Hanger’s shares gained 4.2% over the last one month more than S&P 500’s rise of -0.9%. The company possesses a Momentum Score of A.

Hanger Inc. Price

Hanger Inc. Price

Hanger Inc. price | Hanger Inc. Quote

Globalstar, Inc (GSAT): This satellite communications company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 75% over the last 60 days.

Globalstar, Inc. Price and Consensus

Globalstar, Inc. Price and Consensus

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

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

Globalstar, Inc. Price

Globalstar, Inc. Price

Globalstar, Inc. price | Globalstar, Inc. Quote

Cementos Pacasmayo S.A.A. (CPAC): This cement company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 4.1% over the last 60 days.

Cementos Pacasmayo S.A.A. Price and Consensus

Cementos Pacasmayo S.A.A. Price and Consensus

Cementos Pacasmayo S.A.A. price-consensus-chart | Cementos Pacasmayo S.A.A. Quote

Cementos Pacasmayo’s shares gained 4.2% over the last one month. The company possesses a Momentum Score of A.

Cementos Pacasmayo S.A.A. Price

Cementos Pacasmayo S.A.A. Price

Cementos Pacasmayo S.A.A. price | Cementos Pacasmayo S.A.A. Quote

Frontline Ltd. (FRO): This shipping company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.

Frontline Ltd. Price and Consensus

Frontline Ltd. Price and Consensus

Frontline Ltd. price-consensus-chart | Frontline Ltd. Quote

Frontline’s shares gained 15.4% over the last one month. The company possesses a Momentum Score of A.

Frontline Ltd. Price

Frontline Ltd. Price

Frontline Ltd. price | Frontline Ltd. Quote

See the full list of top ranked stocks here

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

More Stock News: This Is Bigger than the iPhone!                  

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

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Hanger Inc. (HNGR): Free Stock Analysis Report

Globalstar, Inc. (GSAT): Free Stock Analysis Report

Frontline Ltd. (FRO): Free Stock Analysis Report

Cementos Pacasmayo S.A.A. (CPAC): 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.