Best Momentum Stocks to Buy for October 12th

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Best Momentum Stocks to Buy for October 12th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 12:

NN, Inc. NNBR: This precision components manufacturing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.

NN, Inc. Price and Consensus

NN, Inc. Price and Consensus

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

NN's shares gained 15.5% over the last three months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score of A.

NN, Inc. Price

NN, Inc. Price

NN, Inc. price | NN, Inc. Quote

Equinor ASA EQNR: This energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.4% over the last 60 days.

Equinor ASA Price and Consensus

Equinor ASA Price and Consensus

Equinor ASA price-consensus-chart | Equinor ASA Quote

Equinor’s shares gained 20.2% over the last three months compared with the S&P 500’s decline of 4.9%. The company possesses a Momentum Score of A.

Equinor ASA Price

Equinor ASA Price

Equinor ASA price | Equinor ASA Quote

IMAX Corporation IMAX: This entertainment technology platform company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10% over the last 60 days.

IMAX Corporation Price and Consensus

IMAX Corporation Price and Consensus

IMAX Corporation price-consensus-chart | IMAX Corporation Quote

IMAX's shares gained 32.5% over the last three months compared with the S&P 500’s decline shares of 4.9%. The company possesses a Momentum Score of A.

IMAX Corporation Price

IMAX Corporation Price

IMAX Corporation price | IMAX 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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IMAX Corporation (IMAX): Free Stock Analysis Report
 
NN, Inc. (NNBR): Free Stock Analysis Report
 
Equinor ASA (EQNR): Free Stock Analysis Report

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

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