Unveiling Top Momentum Stocks for Investment on October 4th

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By Ronald Tech

Delve into the world of momentum stocks with two captivating options that combine a buy rank with robust momentum attributes, beckoning investors to explore fresh opportunities as of today, October 4:

Omnicell, Inc.: A Pharmaceutical Powerhouse

Omnicell, Inc. (Ticker: OMCL) stands tall in the pharmaceutical technology domain with its Zacks Rank #1. Over the past 60 days, the Zacks Consensus Estimate for its current year earnings catapulted by an impressive 16.7%. Riding a wave of success, Omnicell’s shares surged by 56.3% in the last quarter, eclipsing the S&P 500’s modest 2.3% rise. The company flaunts a B-rated Momentum Score, showcasing its mettle in the market.

Omnicell, Inc. Price Insights

When it comes to the financial charts, Omnicell, Inc. presents a compelling picture. Check out Omnicell, Inc. price chart for a detailed analysis.

ServisFirst Bancshares, Inc.: A Banking Dynamo

ServisFirst Bancshares, Inc. (Ticker: SFBS) operates as a bank holding company and is armed with a Zacks Rank #1. The company witnessed a commendable 1.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days. Not to be left behind, ServisFirst Bancshares’ shares surged by a noteworthy 28.5% in the preceding quarter, trumping the S&P 500’s rise. The company boasts an enviable Momentum Score of A, underscoring its robust standing in the market.

ServisFirst Bancshares, Inc. Price Overview

Leverage the ServisFirst Bancshares, Inc. price chart for a comprehensive understanding of its financial trajectory.

For a comprehensive list of top-ranked stocks, peruse the full list of top ranked stocks here. Additionally, delve deeper into the Momentum score and its calculation methodology here.

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“Stock Most Likely to Double”: A Success Tale in the Making

Discover our roster of top picks, showcasing the 5 stocks with the potential to yield a staggering +100% or higher in the imminent months. Leading the pack is a cutting-edge financial institution, equipped with a burgeoning customer base exceeding 50 million and a diverse array of innovative solutions. Positioned for substantial growth, this stock has garnered attention for its forward-looking trajectory. While acknowledging that not every pick strikes gold, the potential of this particular stock exceeds the successes of past champions like Nano-X Imaging, which soared by an incredible +129.6% in just over 9 months.

Ready for the thrill of investment? Uncover our top stock pick and 4 runners-up here.

Access the latest insights from Zacks Investment Research with a myriad of resources, including in-depth analysis reports on Omnicell, Inc. (OMCL) and ServisFirst Bancshares, Inc. (SFBS).

Find more details from the source article on Zacks.com.