HomeMost PopularTech StocksTop Momentum Stocks to Consider for October 20th

Top Momentum Stocks to Consider for October 20th

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Discover Three High Potential Stocks with Strong Momentum

If you’re an investor looking for stocks with excellent potential, you’ll want to consider these three companies. Each of these stocks has a buy rank and impressive momentum characteristics, making them attractive options for investors looking to maximize their returns. Let’s take a closer look:

1. MPLX LP (MPLX)

MPLX is a midstream energy infrastructure operator that has been performing exceptionally well. With a Zacks Rank #1 and an increase of 1.7% in its Zacks Consensus Estimate for this year’s earnings over the past 60 days, MPLX is on the rise. The company’s shares have gained 7.7% in the last three months, outperforming the S&P 500. MPLX LP possesses a Momentum Score of B, which further highlights its potential.

2. Lennox International Inc. (LII)

Lennox International is a leading manufacturer of heating, ventilation, air conditioning, and refrigeration products. The company has a Zacks Rank #1 and has seen a 1% increase in its Zacks Consensus Estimate for this year’s earnings over the past 60 days. Lennox International’s shares have gained 8% in the last three months, outperforming the S&P 500. With a Momentum Score of A, Lennox International is a stock worth considering.

3. Vermilion Energy Inc. (VET)

Vermilion Energy is a prominent petroleum and natural gas exploration and production company. With a Zacks Rank #1 and a 2.7% increase in its Zacks Consensus Estimate for this year’s earnings over the past 60 days, Vermilion Energy is showing strong potential. The company’s shares have gained an impressive 17.7% in the last three months, outperforming the S&P 500. Vermilion Energy possesses a Momentum Score of A, making it an appealing investment option.

These three stocks offer investors the opportunity to tap into companies with strong momentum and the potential for significant gains. Keep an eye on these stocks as they continue to show promising growth.

Additional Resources for Investors

Interested in more stock recommendations and analysis? Check out the full list of top-ranked stocks to explore more investment opportunities.

Want to learn more about momentum trading and how it is calculated? Visit our educational resources on Zacks.com to enhance your trading knowledge.

Remember, these stock recommendations are based on thorough analysis and market trends. It’s essential to conduct your own research and consult with a financial advisor before making any investment decisions.

Source: Zacks Investment Research

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