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New: Introducing “Why Is It Moving?” - lightning-fast, AI-driven explanations of stock moves
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 2nd:
Robinhood Markets HOOD: This financial services company which offers trading services in crypto, stocks, options, exchange-traded funds (ETFs), cash management, margin and securities lending, and Robinhood Gold, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.
Robinhood Markets, Inc. price-consensus-chart | Robinhood Markets, Inc. Quote
Robinhood Markets' shares gained 42.1% over the last three month compared with the S&P 500’s gain of 7.8%. The company possesses a Momentum Score of A.
Robinhood Markets, Inc. price | Robinhood Markets, Inc. Quote
Futu Holdings FUTU: This technology company which offers a digitized brokerage platform and is primarily engaged in the online brokerage services and margin financing services, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.6% over the last 60 days.
Futu Holdings Limited Sponsored ADR price-consensus-chart | Futu Holdings Limited Sponsored ADR Quote
Futu Holdings' shares gained 46.6% over the last three month compared with the S&P 500’s gain of 7.8%. The company possesses a Momentum Score of A.
Futu Holdings Limited Sponsored ADR price | Futu Holdings Limited Sponsored ADR Quote
TD SYNNEX CORP SNX: This company which is a leading global IT distributor and solutions aggregator, providing a comprehensive range of technology distribution, logistics and integration services, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.
TD SYNNEX Corporation price-consensus-chart | TD SYNNEX Corporation Quote
TD SYNNEX CORP’s shares gained 18.4% over the last three month compared with the S&P 500’s gain of 7.8%. The company possesses a Momentum Score of A.
TD SYNNEX Corporation price | TD SYNNEX Corporation 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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