Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, October 16:
Ultrapar Participações S.A. UGP: This energy and infrastructure company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days.
Ultrapar Participacoes S.A. Price and Consensus
Ultrapar Participacoes S.A. price-consensus-chart | Ultrapar Participacoes S.A. Quote
Ultrapar Participações' shares gained 25.2% over the last three months compared with the S&P 500’s decline of 3.8%. The company possesses a Momentum Score of A.
Ultrapar Participacoes S.A. Price
Ultrapar Participacoes S.A. price | Ultrapar Participacoes S.A. Quote
Ralliant Corporation RAL: This industrial technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.
Ralliant Corporation Price and Consensus
Ralliant Corporation price-consensus-chart | Ralliant Corporation Quote
Ralliant’s shares gained 45.2% over the last six months compared with the S&P 500’s decline of 9.2%. The company possesses a Momentum Score of A.
Ralliant Corporation Price
Ralliant Corporation price | Ralliant Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>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
Ultrapar Participacoes S.A. (UGP): Free Stock Analysis Report
Ralliant Corporation (RAL): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).