Advertisement
Canada markets open in 5 hours 47 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7309
    +0.0012 (+0.16%)
     
  • CRUDE OIL

    82.98
    +0.17 (+0.21%)
     
  • Bitcoin CAD

    87,569.02
    -3,741.16 (-4.10%)
     
  • CMC Crypto 200

    1,389.71
    +7.14 (+0.52%)
     
  • GOLD FUTURES

    2,334.70
    -3.70 (-0.16%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,452.25
    -212.25 (-1.20%)
     
  • VOLATILITY

    16.30
    +0.33 (+2.07%)
     
  • FTSE

    8,073.14
    +32.76 (+0.41%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6817
    -0.0002 (-0.03%)
     

Top Ranked Momentum Stocks to Buy for October 12th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 12th:

Ring Energy, Inc. REI: This exploration and production 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.

Ring Energy, Inc. Price and Consensus

Ring Energy, Inc. Price and Consensus
Ring Energy, Inc. Price and Consensus

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

Ring Energy’s shares gained 49.6% over the last one month against the S&P 500’s decline of 2.5%. The company possesses a Momentum Score of A.

Ring Energy, Inc. Price

Ring Energy, Inc. Price
Ring Energy, Inc. Price

Ring Energy, Inc. price | Ring Energy, Inc. Quote

ADVERTISEMENT

Ovintiv Inc. OVV: This company that engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.5% over the last 60 days.

Ovintiv Inc. Price and Consensus

Ovintiv Inc. Price and Consensus
Ovintiv Inc. Price and Consensus

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

Ovintiv’s shares gained 27.4% over the last one month. The company possesses a Momentum Score of A.

Ovintiv Inc. Price

Ovintiv Inc. Price
Ovintiv Inc. Price

Ovintiv Inc. price | Ovintiv Inc. Quote

Earthstone Energy, Inc. ESTE: This independent oil and gas company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.

Earthstone Energy, Inc. Price and Consensus

Earthstone Energy, Inc. Price and Consensus
Earthstone Energy, Inc. Price and Consensus

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

Earthstone Energy’s shares gained 30% over the last one month. The company possesses a Momentum Score of A.

Earthstone Energy, Inc. Price

Earthstone Energy, Inc. Price
Earthstone Energy, Inc. Price

Earthstone Energy, Inc. price | Earthstone Energy, Inc. Quote

Westlake Chemical Corporation WLK: This company that manufactures and markets basic chemicals, vinyls, polymers, and building products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

Westlake Chemical Corporation Price and Consensus

Westlake Chemical Corporation Price and Consensus
Westlake Chemical Corporation Price and Consensus

Westlake Chemical Corporation price-consensus-chart | Westlake Chemical Corporation Quote

Westlake Chemical’s shares gained 14.5% over the last one month. The company possesses a Momentum Score of A.

Westlake Chemical Corporation Price

Westlake Chemical Corporation Price
Westlake Chemical Corporation Price

Westlake Chemical Corporation price | Westlake Chemical Corporation Quote

See the full list of top ranked stocks here

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


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

Westlake Chemical Corporation (WLK) : Free Stock Analysis Report

Ring Energy, Inc. (REI) : Free Stock Analysis Report

Earthstone Energy, Inc. (ESTE) : Free Stock Analysis Report

Ovintiv Inc. (OVV) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research