Best Momentum Stocks to Buy for Nov. 7

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By Ronald Tech

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

Teradyne, Inc. TER: This automated test systems and robotics products company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

Teradyne, Inc. Price and Consensus

Teradyne, Inc. Price and Consensus

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

Teradyne’s shares gained 72.2% over the last three months compared with the S&P 500’s advance of 6.4%. The company possesses a Momentum Score  of A.

Teradyne, Inc. Price

Teradyne, Inc. Price

Teradyne, Inc. price | Teradyne, Inc. Quote

HSBC Holdings plc HSBC: This banking and financial services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

HSBC Holdings plc Price and Consensus

HSBC Holdings plc Price and Consensus

HSBC Holdings plc price-consensus-chart | HSBC Holdings plc Quote

HSBC’s shares gained 13% over the last three months compared with the S&P 500’s advance of 6.4%. The company possesses a Momentum Score of A.

HSBC Holdings plc Price

HSBC Holdings plc Price

HSBC Holdings plc price | HSBC Holdings plc Quote

TriCo Bancshares TCBK: This bank holding company for Tri Counties Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

TriCo Bancshares Price and Consensus

TriCo Bancshares Price and Consensus

TriCo Bancshares price-consensus-chart | TriCo Bancshares Quote

TriCo’s shares gained 8.7% over the past three months compared with the S&P 500’s advance of 6.4%. The company possesses a Momentum Score of A.

TriCo Bancshares Price

TriCo Bancshares Price

TriCo Bancshares price | TriCo Bancshares Quote

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See the full list of top ranked stocks here

 

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

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Teradyne, Inc. (TER) : Free Stock Analysis Report

TriCo Bancshares (TCBK) : Free Stock Analysis Report

HSBC Holdings plc (HSBC) : Free Stock Analysis Report

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

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