Best Momentum Stock to Buy for October 22nd

Zacks
22 Oct 2024

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

Hawkins HWKN: This company which distributes, blends and manufactures bulk and specialty chemicals and other health and nutrition products for its customers in a wide variety of industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its cuurent yearearnings increasing 3.4% over the last 60 days.

Hawkins, Inc. Price and Consensus

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

Hawkins’ shares gained 17.8% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.

Hawkins, Inc. Price

Hawkins, Inc. price | Hawkins, Inc. Quote

Ericsson ERIC This company which is a leading provider of communication networks, telecom services and support solutions, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.8% over the last 60 days.

Ericsson Price and Consensus

Ericsson price-consensus-chart | Ericsson Quote

Ericsson’s shares gained 27.3% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.

Ericsson Price

Ericsson price | Ericsson Quote

Leidos LDOS This company which is a global science and technology leader that serves the defense, intelligence, civil and health markets, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.

Leidos Holdings, Inc. Price and Consensus

Leidos Holdings, Inc. price-consensus-chart | Leidos Holdings, Inc. Quote

Leidos’ shares gained 11.2% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.

Leidos Holdings, Inc. Price

Leidos Holdings, Inc. price | Leidos Holdings, Inc. Quote

See the full list of top ranked stocks here

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

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Ericsson (ERIC) : Free Stock Analysis Report

Leidos Holdings, Inc. (LDOS) : Free Stock Analysis Report

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