Here are three stocks with a strong buy ranking and positive momentum for investors to consider on November 4th:
Top Stock Picks for November 4th: Potential Winners to Watch
GeneDx Holdings Corp. (WGS)
This company specializes in genomics-related diagnostics and information services, holding a Zacks Rank of #1. Over the past 60 days, the Zacks Consensus Estimate for its current year earnings has climbed by 68%.
GeneDx Holdings Corp. Price and Consensus
GeneDx Holdings Corp. price-consensus-chart | GeneDx Holdings Corp. Quote
GeneDx’s stock surged by 175.8% over the last three months, far exceeding the S&P 500, which grew by just 10.3%. The company holds a Momentum Score of A.
GeneDx Holdings Corp. Price
GeneDx Holdings Corp. price | GeneDx Holdings Corp. Quote
Carvana Co. (CVNA)
This e-commerce platform for buying and selling cars also holds a Zacks Rank of #1, with a staggering 231% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days.
Carvana Co. Price and Consensus
Carvana Co. price-consensus-chart | Carvana Co. Quote
Over the past three months, Carvana’s shares rose by 69.2%, significantly outperforming the S&P 500’s 10.3% gain. The company also boasts a Momentum Score of A.
Carvana Co. Price
Carvana Co. price | Carvana Co. Quote
NB Bancorp, Inc. (NBBK)
This bank holding company for Needham Bank is another Zacks Rank #1 stock, with an 11% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days.
NB Bancorp, Inc. Price and Consensus
NB Bancorp, Inc. price-consensus-chart | NB Bancorp, Inc. Quote
Over the last six months, NB Bancorp’s shares climbed by 24.8%, compared to the S&P 500’s 10.5% rise. This company also has a Momentum Score of A.
NB Bancorp, Inc. Price
NB Bancorp, Inc. price | NB Bancorp, Inc. Quote
See the full list of top ranked stocks here.
Learn more about the Momentum score and how it is calculated here.
Research Chief Selects “Top Pick” for Big Gains
Among thousands of stocks, five Zacks experts have picked their favorite to potentially skyrocket +100% or more in the coming months. Director of Research Sheraz Mian hand-picked one stock with the highest potential.
This selected company focuses on millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter. A recent dip in price presents a good buying opportunity. While not all recommended picks turn out to be successful, this one has the potential to outperform previous Zacks Stocks Set to Double, such as Nano-X Imaging, which skyrocketed +129.6% in just over nine months.
Free: See Our Top Stock And 4 Runners Up
Carvana Co. (CVNA): Free Stock Analysis Report
GeneDx Holdings Corp. (WGS): Free Stock Analysis Report
NB Bancorp, Inc. (NBBK): Free Stock Analysis Report
To read this article on Zacks.com, click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
