Best Momentum Stocks to Buy for October 7th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 7th:

eGain Corporation EGAN: This company that provides an AI-powered knowledge hub designed to automate and enhance customer experiences has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 52.2% over the last 60 days.

eGain Corporation Price and Consensus

eGain Corporation price-consensus-chart | eGain Corporation Quote

eGain’s shares gained 51.4% over the last three months compared with the S&P 500’s advance of 7.8%. The company possesses a Momentum Score of A.

eGain Corporation Price

eGain Corporation price | eGain Corporation Quote

StoneCo Ltd. STNE: This fin-tech company that provides software solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days.

StoneCo Ltd. Price and Consensus

StoneCo Ltd. price-consensus-chart | StoneCo Ltd. Quote

StoneCo’s shares gained 9.7% over the last three months compared with the S&P 500’s advance of 7.8%. The company possesses a Momentum Score of A.

StoneCo Ltd. Price

StoneCo Ltd. price | StoneCo Ltd. Quote

Alignment Healthcare, Inc. ALHC: This healthcare platform for seniors has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days.

Alignment Healthcare, Inc. Price and Consensus

Alignment Healthcare, Inc. price-consensus-chart | Alignment Healthcare, Inc. Quote

Alignment Healthcare’s shares gained 24.8% over the last three months compared with the S&P 500’s advance of 7.8%. The company possesses a Momentum Score of A.

Alignment Healthcare, Inc. Price

Alignment Healthcare, Inc. price | Alignment Healthcare, Inc. Quote

See the full list of top ranked stocks here

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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