HomeMost PopularTech StocksTop Momentum Stocks to Consider for Mid-October 2023

Top Momentum Stocks to Consider for Mid-October 2023

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Top Stocks to Buy: Momentum Leads the Way on October 15th

Investors should keep an eye on these three stocks, exhibiting strong momentum and currently holding a buy ranking as of October 15th:

Orla Mining Ltd. ORLA: This mining company has a Zacks Rank #1, and the Zacks Consensus Estimate for its earnings this year has improved by 15% over the past 60 days.

Orla Mining Ltd. Price and Consensus


Orla Mining Ltd. Price and Consensus

Orla Mining Ltd. price-consensus-chart | Orla Mining Ltd. Quote

Over the last three months, Orla’s shares surged by 8.6%, outpacing the S&P 500’s 3.4% increase. The company’s Momentum Score stands at A.

Orla Mining Ltd. Price


Orla Mining Ltd. Price

Orla Mining Ltd. price | Orla Mining Ltd. Quote

Alibaba Group Holding Limited BABA: This leading Chinese e-commerce firm also has a Zacks Rank #1, with its current year earnings estimate rising by 5.9% over the last two months.

Alibaba Group Holding Limited Price and Consensus


Alibaba Group Holding Limited Price and Consensus

Alibaba Group Holding Limited price-consensus-chart | Alibaba Group Holding Limited Quote

Alibaba’s stock jumped by 37.6% in the past three months, significantly exceeding the S&P 500’s increase of 3.4%. The company maintains a Momentum Score of A.

Alibaba Group Holding Limited Price


Alibaba Group Holding Limited Price

Alibaba Group Holding Limited price | Alibaba Group Holding Limited Quote

PDS Biotechnology Corporation PDSB: This biopharmaceutical company, currently in its clinical stage, carries a Zacks Rank #1 and has seen its earnings estimate for the year increase by 5.3% in the last 60 days.

PDS Biotechnology Corporation Price and Consensus


PDS Biotechnology Corporation Price and Consensus

PDS Biotechnology Corporation price-consensus-chart | PDS Biotechnology Corporation Quote

PDS’s shares rose by 17.2% in the past six months, slightly surpassing the S&P 500’s 16.1% growth. The company enjoys a Momentum Score of A.

PDS Biotechnology Corporation Price


PDS Biotechnology Corporation Price

PDS Biotechnology Corporation price | PDS Biotechnology Corporation Quote

To explore a comprehensive list of highly ranked stocks, click here.

For insights on the Momentum Score and its calculation efficiency, click here.

Upcoming Infrastructure Boom: Will You Be Prepared?

A nationwide initiative to address deteriorating infrastructure in the U.S. is set to begin. This undertaking has bipartisan support and will result in trillions of dollars spent, paving the way for significant investment opportunities.

The key question remains: “Will you investment in the best stocks before their potential growth takes off?”

Zacks has released an informative Special Report to assist you, available for free today. Discover five companies poised to benefit substantially from the extensive work on roads, bridges, buildings, and energy channels during this massive initiative.

Download FREE: How To Profit From Trillions On Spending For Infrastructure >>

Get the latest stock recommendations from Zacks Investment Research. Download 5 Stocks Set to Double for free.

Alibaba Group Holding Limited (BABA): Get a Free Stock Analysis Report

PDS Biotechnology Corporation (PDSB): Get a Free Stock Analysis Report

Orla Mining Ltd. (ORLA): Get a Free Stock Analysis Report

For further details, click here to read the full article on Zacks.com.

Zacks Investment Research

The views and opinions expressed herein are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.

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