Best Momentum Stocks to Buy for Nov. 6

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By Ronald Tech

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Nov. 6:

Roku, Inc. ROKU: This operator of a TV streaming platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 83.3% over the last 60 days.

Roku, Inc. Price and Consensus

Roku, Inc. Price and Consensus

Roku, Inc. price-consensus-chart | Roku, Inc. Quote

Roku’s shares gained 27.2% over the last three months compared with the S&P 500’s advance of 6.8%. The company possesses a Momentum Score  of A.

Roku, Inc. Price

Roku, Inc. Price

Roku, Inc. price | Roku, Inc. Quote

Fox Corporation FOXA: This news, sports, and entertainment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Fox Corporation Price and Consensus

Fox Corporation Price and Consensus

Fox Corporation price-consensus-chart | Fox Corporation Quote

Fox’s shares gained 20.3% over the last three months compared with the S&P 500’s advance of 6.8%. The company possesses a Momentum Score of B.

Fox Corporation Price

Fox Corporation Price

Fox Corporation price | Fox Corporation Quote

Cboe Global Markets, Inc. CBOE: This options exchange has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 5% over the last 60 days.

Cboe Global Markets, Inc. Price and Consensus

Cboe Global Markets, Inc. Price and Consensus

Cboe Global Markets, Inc. price-consensus-chart | Cboe Global Markets, Inc. Quote

Cboe’s shares gained 4.4% over the past month compared with the S&P 500’s advance of 0.8%. The company possesses a Momentum Score of A.

Cboe Global Markets, Inc. Price

Cboe Global Markets, Inc. Price

Cboe Global Markets, Inc. price | Cboe Global Markets, Inc. Quote

See also  Prediction: This Stock Will be the Biggest Winner of the U.S.' New $500 Billion AI Project.

 

See the full list of top ranked stocks here

 

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

Zacks’ Research Chief Names “Stock Most Likely to Double”

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company’s customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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Cboe Global Markets, Inc. (CBOE) : Free Stock Analysis Report

Fox Corporation (FOXA) : Free Stock Analysis Report

Roku, Inc. (ROKU) : Free Stock Analysis Report

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

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