Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Oct. 20:
Perpetua Resources Corp. PPTA: This mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.1% over the last 60 days.
Perpetua Resources Corp. Price and Consensus
Perpetua Resources Corp. price-consensus-chart | Perpetua Resources Corp. Quote
Perpetua’s shares gained 47.5% over the last three months compared with the S&P 500’s advance of 5.8%. The company possesses a Momentum Score of A.
Perpetua Resources Corp. Price
Perpetua Resources Corp. price | Perpetua Resources Corp. Quote
Cenovus Energy Inc. CVE: This explorer and producer of crude oil, natural gas and natural gas liquids has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.9% over the last 60 days.
Cenovus Energy Inc Price and Consensus
Cenovus Energy Inc price-consensus-chart | Cenovus Energy Inc Quote
Cenovus’ shares gained 19.6% over the past three months compared with the S&P 500’s advance of 5.8%. The company possesses a Momentum Score of A.
Cenovus Energy Inc Price
Cenovus Energy Inc price | Cenovus Energy Inc Quote
Kinross Gold Corporation KGC: This gold-mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.
Kinross Gold Corporation Price and Consensus
Kinross Gold Corporation price-consensus-chart | Kinross Gold Corporation Quote
Kinross Gold’s shares gained 57.7% over the last three months compared with the S&P 500’s advance of 5.8%. The company possesses a Momentum Score of B.
Kinross Gold Corporation Price
Kinross Gold Corporation price | Kinross Gold Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market’s next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don’t build. It’s just beginning to enter the spotlight, which is exactly where you want to be.
See This Stock Now for Free >>
Kinross Gold Corporation (KGC) : Free Stock Analysis Report
Cenovus Energy Inc (CVE) : Free Stock Analysis Report
Perpetua Resources Corp. (PPTA) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).