HomeMost PopularTech StocksThe Best Momentum Stocks to Consider Buying on October 3rd

The Best Momentum Stocks to Consider Buying on October 3rd

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For investors seeking stocks with strong momentum characteristics, here are three options worth considering on October 3rd:

1. Warrior Met Coal (HCC)

Warrior Met Coal is a leading producer and exporter of premium metallurgical coal. With a Zacks Rank #1 (Strong Buy), the company has seen its Zacks Consensus Estimate for current year earnings increase by 5.2% over the last 60 days.

Price and Consensus

Warrior Met Coal Price and Consensus

Warrior Met Coal’s stock price has risen 26.3% over the past three months while the S&P 500 has declined 2.8%. The company also boasts a Momentum Score of A.

2. USA Compression Partners (USAC)

USA Compression Partners is one of the largest independent providers of natural gas compression services in the United States. With a Zacks Rank #1, the company has seen its Zacks Consensus Estimate for current year earnings increase by 3.5% over the last 60 days.

Price and Consensus

USA Compression Partners, LP Price and Consensus

USA Compression Partners’ stock price has gained 20.5% over the past three months, outperforming the S&P 500. The company also possesses a Momentum Score of A.

3. Inter & Co. Inc. (INTR)

Inter & Co. Inc. provides a range of services in banking, investments, credit, insurance, and cross-border services. With a Zacks Rank #1, the company has seen its Zacks Consensus Estimate for current year earnings increase by 66.7% over the last 60 days.

Price and Consensus

Inter & Co. Inc. Price and Consensus

Inter & Co. Inc.’s stock price has risen 24.0% over the past three months, outperforming the S&P 500. The company also possesses a Momentum Score of A.

Conclusion

These three stocks have demonstrated strong momentum and show potential for further growth. As always, investors should conduct their own research and consider their investment goals and risk tolerance before making any decisions.

Disclaimer

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

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