Best Momentum Stocks to Buy for Oct. 24

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By Ronald Tech

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Oct. 24:

Avino Silver & Gold Mines Ltd. ASM: This mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days.

Avino Silver Price and Consensus

Avino Silver Price and Consensus

Avino Silver price-consensus-chart | Avino Silver Quote

Avino’s shares gained 43.1% over the last three months compared with the S&P 500’s advance of 5.4%. The company possesses a Momentum Score  of A.

Avino Silver Price

Avino Silver Price

Avino Silver price | Avino Silver Quote

IGC Pharma, Inc. IGC: This clinical-stage pharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 27.3% over the last 60 days.

IGC Pharma, Inc. Price and Consensus

IGC Pharma, Inc. Price and Consensus

IGC Pharma, Inc. price-consensus-chart | IGC Pharma, Inc. Quote

IGC’s shares gained 26.1% over the past six months compared with the S&P 500’s advance of 21.8%. The company possesses a Momentum Score of B.

IGC Pharma, Inc. Price

IGC Pharma, Inc. Price

IGC Pharma, Inc. price | IGC Pharma, Inc. Quote

Royal Bank of Canada RY: This diversified financial services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Royal Bank Of Canada Price and Consensus

Royal Bank Of Canada Price and Consensus

Royal Bank Of Canada price-consensus-chart | Royal Bank Of Canada Quote

Royal Bank of Canada’s shares gained 11.7% over the last three months compared with the S&P 500’s advance of 5.4%. The company possesses a Momentum Score of A.

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Royal Bank Of Canada Price

Royal Bank Of Canada Price

Royal Bank Of Canada price | Royal Bank Of Canada Quote

 

See the full list of top ranked stocks here

 

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

Zacks Names #1 Semiconductor Stock

This under-the-radar company specializes in semiconductor products that titans like NVIDIA don’t build. It’s uniquely positioned to take advantage of the next growth stage of this market. And it’s just beginning to enter the spotlight, which is exactly where you want to be.

With strong earnings growth and an expanding customer base, it’s positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.

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Royal Bank Of Canada (RY) : Free Stock Analysis Report

IGC Pharma, Inc. (IGC) : Free Stock Analysis Report

Avino Silver (ASM) : Free Stock Analysis Report

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

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