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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, Oct. 17th:
Tesco TSCDY: This company, which is the UK's largest retailer and one of the world's leading international retailers, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days.
Tesco PLC price-consensus-chart | Tesco PLC Quote
Tesco's shares gained 8% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.
Tesco PLC price | Tesco PLC Quote
Grocery Outlet GO: This company, which is a high-growth, extreme value retailer of quality, name-brand consumables and fresh products that are sold through a network of independently owned and operated stores, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.
Grocery Outlet Holding Corp. price-consensus-chart | Grocery Outlet Holding Corp. Quote
Grocery Outlet's shares gained 9.4% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.
Grocery Outlet Holding Corp. price | Grocery Outlet Holding Corp. Quote
ABB ABBNY: This leading technology company whose products and services are used in automated manufacturing, providing digital solutions, electrification of industry and transport and enhancing productivity, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.
ABB Ltd price-consensus-chart | ABB Ltd Quote
ABB’s shares gained 14.1% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of B.
ABB Ltd price | ABB Ltd 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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