Top Momentum Stocks to Consider for October 7th

Avatar photo

“`html

On October 7, 2023, three stocks have been identified as strong buy candidates based on their rankings and recent performance: eGain Corporation (EGAN), StoneCo Ltd. (STNE), and Alignment Healthcare, Inc. (ALHC). EGAN has a Zacks Rank #1 and saw its earnings estimate increase by 52.2% over the last 60 days, with shares gaining 51.4% in the last three months.

StoneCo Ltd., also holding a Zacks Rank #1, experienced an 8.7% increase in its earnings estimate, and its shares rose by 9.7% during the same period. Meanwhile, Alignment Healthcare has a Zacks Rank #1 with a 14.3% increase in earnings estimates and a 24.8% surge in shares over three months.

These companies exhibit strong momentum, each earning a Momentum Score of A as they outperform the S&P 500’s gain of 7.8% in the last three months.

“`

The free Daily Market Overview 250k traders and investors are reading

Read Now