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-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. Quote
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-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. 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-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. 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-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 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