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Top Ranked Momentum Stocks To Buy For October 2nd

Published 10/02/2017, 08:46 AM
Updated 07/09/2023, 06:31 AM
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 2nd:

McCormick & Company (NYSE:MKC), Incorporated (MKC): This diversified specialty food company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 2.9% over the last 60 days.

McCormick's shares gained 6.8% over the last one month more than S&P 500’s gain of 1.7%. The company possesses a Momentum Score of A.

Owens & Minor, Inc. (OMI): This healthcare services company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.

Owens & Minor's shares gained 3.1% over the last one month. The company possesses a Momentum Score of A.

Sanderson Farms, Inc. (SAFM): This integrated poultry processing company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 15.4% over the last 60 days.

Sanderson Farms' shares gained 6.6% over the last one month. The company possesses a Momentum Score of A.

CarMax Inc (NYSE:KMX). (KMX): This retailer of used vehicles has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

CarMax Inc Price and Consensus

CarMax Inc price-consensus-chart | CarMax Inc Quote

CarMax's shares gained 11.3% over the last one month. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

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Sanderson Farms, Inc. (SAFM): Free Stock Analysis Report

Owens & Minor, Inc. (OMI): Free Stock Analysis Report

McCormick & Company, Incorporated (MKC): Free Stock Analysis Report

CarMax Inc (KMX): Free Stock Analysis Report

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