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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 9th:
NETGEAR, Inc. NTGR: This computer networking company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 86.7% over the last 60 days.
NETGEAR, Inc. price-consensus-chart | NETGEAR, Inc. Quote
NETGEAR’s shares gained 12.5% over the last three months compared with the S&P 500’s advance of 6.9%. The company possesses a Momentum Score of A.
NETGEAR, Inc. price | NETGEAR, Inc. Quote
Envela Corporation ELA: This recycling and recommerce services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.7% over the last 60 days.
Envela Corporation price-consensus-chart | Envela Corporation Quote
Envela’s shares gained 17.3% over the past three months compared with the S&P 500’s advance of 6.9%. The company possesses a Momentum Score of B.
Envela Corporation price | Envela Corporation Quote
Steelcase Inc. SCS: This furniture and architectural products company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.
Steelcase Inc. price-consensus-chart | Steelcase Inc. Quote
Steelcase’s shares gained 53.9% over the last three months compared with the S&P 500’s advance of 6.9%. The company possesses a Momentum Score of B.
Steelcase Inc. price | Steelcase 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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This article originally published on Zacks Investment Research (zacks.com).
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