Best Momentum Stock to Buy for October 1st

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Best Momentum Stock to Buy for October 1st

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 1st:

BP BP: This integrated energy company, which is engaged in the oil and gas business worldwide, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.6% over the last 60 days.

BP p.l.c. Price and Consensus

BP p.l.c. Price and Consensus

BP p.l.c. price-consensus-chart | BP p.l.c. Quote

BP’s shares gained 23.2% over the last three month compared with the S&P 500’s gain of 2.3%. The company possesses a Momentum Score of A.

BP p.l.c. Price

BP p.l.c. Price

BP p.l.c. price | BP p.l.c. Quote

RELX RELX: This company, which is engaged in providing information solutions. Its products and services comprise intellectual property content delivered through various media, including online, journals and books, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.

RELX PLC Price and Consensus

RELX PLC Price and Consensus

RELX PLC price-consensus-chart | RELX PLC Quote

RELX’s shares gained 6.6% over the last three month compared with the S&P 500’s gain of 2.3%. The company possesses a Momentum Score of A.

RELX PLC Price

RELX PLC Price

RELX PLC price | RELX PLC Quote

RWE AG RWEOY: This company, which is active in the generation and transmission as well as the sale and trading of electricity and gas, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.7% over the last 60 days.

RWE AG Price and Consensus

RWE AG Price and Consensus

RWE AG price-consensus-chart | RWE AG Quote

RWE AG’s shares gained 5.8% over the last three month compared with the S&P 500’s gain of 2.3%. The company possesses a Momentum Score of B.

RWE AG Price

RWE AG Price

RWE AG price | RWE AG 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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BP p.l.c. (BP): Free Stock Analysis Report
 
RWE AG (RWEOY): Free Stock Analysis Report
 
RELX PLC (RELX): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research