Best Momentum Stocks to Buy for October 1st October’s Momentum Power Players

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By Ronald Tech

Today, let’s explore three dynamic stocks that are lighting up the investment landscape with their infectious momentum:

AngloGold Ashanti: A Gleaming Opportunity in Gold

AngloGold Ashanti plc (AU) shines bright with a Zacks Rank #1 and a robust 8.7% surge in its current year earnings estimate over the past 60 days. The company’s shares have outshone, rising by 6.1% in the last three months, surpassing the S&P 500’s 5.2% gain. With a stellar Momentum Score of A, AngloGold Ashanti is truly a nugget of potential.

Masimo Corporation: Innovating Health, Wealth, and Happiness

As a healthcare technology innovator, Masimo Corporation (MASI) is not just saving lives but also securing profits. Boasting a Zacks Rank #1, Masimo witnessed a 6.9% upsurge in its current year earnings estimate over the last 60 days. The stock has soared by an impressive 14.5% in the last three months, outperforming the S&P 500’s 5.2% growth. With a Momentum Score of A, Masimo is in the right groove for investors.

SK Telecom Co., Ltd.: Connecting Investors to Success

SK Telecom Co., Ltd. (SKM) is dialing in success with a Zacks Rank #1 and a substantial 10.1% surge in its current year earnings estimate over the past 60 days. The company’s stock has been ringing the register, climbing by 14.3% in the last three months, outpacing the S&P 500’s 5.2% rise. With a Momentum Score of A, SK Telecom is clearly bridging the gap to profitability.

Discover more top-ranked stocks here.

Learn about the Momentum score and its calculation here.

Infrastructure Stock Boom to Sweep America

A seismic wave is about to hit the U.S. financial landscape as the country gears up for a monumental infrastructure overhaul. The bipartisan commitment to this rejuvenation is not just critical but also unavoidable. Trillions are set to pour into this arena, offering a goldmine for savvy investors.

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The burning question? “Are you positioned in the right stocks before they skyrocket in value?”

Zacks’ exclusive Special Report, now up for grabs, can guide you towards this treasure trove. Unveil the top 5 companies poised to soar amid the construction and refurbishment of roads, bridges, and structures on an extraordinary scale.

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Explore the latest recommendations from Zacks Investment Research with insights on 5 Stocks Set to Double

SK Telecom Co., Ltd. (SKM) : Free Stock Analysis Report

Masimo Corporation (MASI) : Free Stock Analysis Report

AngloGold Ashanti PLC (AU) : Free Stock Analysis Report

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