Best Momentum Stocks to Buy for Oct. 22

Photo of author

By Ronald Tech

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Oct. 22:

Nextech3D.AI Corporation NEXCF: This augmented reality and wayfinding technologies company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 66.7% over the last 60 days.

Nextech3D.AI Corporation Price and Consensus

Nextech3D.AI Corporation Price and Consensus

Nextech3D.AI Corporation price-consensus-chart | Nextech3D.AI Corporation Quote

Nextech3D.AI’s shares gained 129.9% over the last three months compared with the S&P 500’s advance of 6%. The company possesses a Momentum Score  of B.

Nextech3D.AI Corporation Price

Nextech3D.AI Corporation Price

Nextech3D.AI Corporation price | Nextech3D.AI Corporation Quote

Morgan Stanley MS: This financial holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

Morgan Stanley Price and Consensus

Morgan Stanley Price and Consensus

Morgan Stanley price-consensus-chart | Morgan Stanley Quote

Morgan Stanley’s shares gained 12% over the past three months compared with the S&P 500’s advance of 6%. The company possesses a Momentum Score of A.

Morgan Stanley Price

Morgan Stanley Price

Morgan Stanley price | Morgan Stanley Quote

Gold Fields Limited GFI: This gold producer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days.

Gold Fields Limited Price and Consensus

Gold Fields Limited Price and Consensus

Gold Fields Limited price-consensus-chart | Gold Fields Limited Quote

Gold Fields’ shares gained 53.8% over the last three months compared with the S&P 500’s advance of 6%. The company possesses a Momentum Score of B.

Gold Fields Limited Price

Gold Fields Limited Price

Gold Fields Limited price | Gold Fields Limited Quote

 

See the full list of top ranked stocks here

See also  Unveiling 2 Lucrative Stocks Poised for Hypergrowth in 2024

 

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

Beyond Nvidia: AI’s Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren’t likely to keep delivering the biggest profits. Little-known AI firms tackling the world’s biggest problems may be more lucrative in the coming months and years.

See “2nd Wave” AI stocks now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Morgan Stanley (MS) : Free Stock Analysis Report

Gold Fields Limited (GFI) : Free Stock Analysis Report

Nextech3D.AI Corporation (NEXCF) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research