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Top Ranked Momentum Stocks to Buy for October 4th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 4th:

Hanger, Inc. (HNGR): This orthotic and prosthetic patient care 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.

Hanger Inc. Price and Consensus

Hanger Inc. Price and Consensus
Hanger Inc. Price and Consensus

Hanger Inc. price-consensus-chart | Hanger Inc. Quote

Hanger’s shares gained 4.2% over the last one month more than S&P 500’s rise of -0.9%. The company possesses a Momentum Score of A.

Hanger Inc. Price

Hanger Inc. Price
Hanger Inc. Price

Hanger Inc. price | Hanger Inc. Quote

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Globalstar, Inc (GSAT): This satellite communications company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 75% over the last 60 days.

Globalstar, Inc. Price and Consensus

Globalstar, Inc. Price and Consensus
Globalstar, Inc. Price and Consensus

Globalstar, Inc. price-consensus-chart | Globalstar, Inc. Quote

Globalstar’s shares gained 2.7% over the last one month. The company possesses a Momentum Score of A.

Globalstar, Inc. Price

Globalstar, Inc. Price
Globalstar, Inc. Price

Globalstar, Inc. price | Globalstar, Inc. Quote

Cementos Pacasmayo S.A.A. (CPAC): This cement company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 4.1% over the last 60 days.

Cementos Pacasmayo S.A.A. Price and Consensus

Cementos Pacasmayo S.A.A. Price and Consensus
Cementos Pacasmayo S.A.A. Price and Consensus

Cementos Pacasmayo S.A.A. price-consensus-chart | Cementos Pacasmayo S.A.A. Quote

Cementos Pacasmayo’s shares gained 4.2% over the last one month. The company possesses a Momentum Score of A.

Cementos Pacasmayo S.A.A. Price

Cementos Pacasmayo S.A.A. Price
Cementos Pacasmayo S.A.A. Price

Cementos Pacasmayo S.A.A. price | Cementos Pacasmayo S.A.A. Quote

Frontline Ltd. (FRO): This shipping company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.

Frontline Ltd. Price and Consensus

Frontline Ltd. Price and Consensus
Frontline Ltd. Price and Consensus

Frontline Ltd. price-consensus-chart | Frontline Ltd. Quote

Frontline’s shares gained 15.4% over the last one month. The company possesses a Momentum Score of A.

Frontline Ltd. Price

Frontline Ltd. Price
Frontline Ltd. Price

Frontline Ltd. price | Frontline Ltd. Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

More Stock News: This Is Bigger than the iPhone!                  

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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
 
Hanger Inc. (HNGR) : Free Stock Analysis Report
 
Globalstar, Inc. (GSAT) : Free Stock Analysis Report
 
Frontline Ltd. (FRO) : Free Stock Analysis Report
 
Cementos Pacasmayo S.A.A. (CPAC) : Free Stock Analysis Report
 
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Zacks Investment Research