Best Momentum Stock to Buy for September 29th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 29th:

Corning GLW:This company which developed its glass technologies to produce advanced glass substrates that are used in a large number of applications across multiple markets, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.

Corning Incorporated Price and Consensus

Corning Incorporated price-consensus-chart | Corning Incorporated Quote

Corning' shares gained 51.5% over the last three month compared with the S&P 500’s gain of 7.1%. The company possesses a Momentum Score of A.

Corning Incorporated Price

Corning Incorporated price | Corning Incorporated Quote

Phillips 66 PSX: This diversified and integrated energy company which operates 13 refineries, primarily in the United States, with a total refining capacity of 2.2 million barrels per day, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.9% over the last 60 days.

Phillips 66 Price and Consensus

Phillips 66 price-consensus-chart | Phillips 66 Quote

Phillips 66 's shares gained 18% over the last three month compared with the S&P 500’s gain of 7.1%. The company possesses a Momentum Score of A.

Phillips 66 Price

Phillips 66 price | Phillips 66 Quote

GRUPO CIBEST SA CIB: This banking company which is Colombia's largest bank in terms of assets and also has the largest market participation in deposit products and loans, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

BanColombia S.A. Price and Consensus

BanColombia S.A. price-consensus-chart | BanColombia S.A. Quote

GRUPO CIBEST SA’s shares gained 12.4% over the last three month compared with the S&P 500’s gain of 7.1%. The company possesses a Momentum Score of B.

BanColombia S.A. Price

BanColombia S.A. price | BanColombia S.A. 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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This article originally published on Zacks Investment Research (zacks.com).

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