Top Momentum Stock Picks for October 17th

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TESCO PLC (TSCDY), the UK’s largest retailer, has a Zacks Rank #1 (“Strong Buy”) as of October 17. Over the last 60 days, the Zacks Consensus Estimate for its earnings has increased by 4.6%. Tesco’s shares rose 8% in the last three months, outperforming the S&P 500’s 5.2% gain.

GROCERY OUTLET HOLDING CORP. (GO), a value retailer, also has a Zacks Rank #1 with a 1.3% increase in earnings estimates over the last 60 days. Its shares gained 9.4% in the past three months.

ABB LTD (ABBNY), a technology leader in automated manufacturing, has a Zacks Rank #1 and saw a 1.2% increase in earnings estimates in the same 60-day period. ABB’s shares grew 14.1% over the past three months.

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