Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, November 1st:
Patterson-UTI Energy, Inc. PTEN: This onshore contract drilling company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.
PattersonUTI Energy, Inc. Price and Consensus
PattersonUTI Energy, Inc. price-consensus-chart | PattersonUTI Energy, Inc. Quote
Patterson-UTI’s shares gained 7.6% over the last three months compared with the S&P 500’s decline of 5.8%. The company possesses a Momentum Score of A.
PattersonUTI Energy, Inc. Price
PattersonUTI Energy, Inc. price | PattersonUTI Energy, Inc. Quote
Industrias Bachoco, S.A.B. de C.V. IBA: This poultry producer from Mexico has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.
Industrias Bachoco, S.A. de C.V. Price and Consensus
Industrias Bachoco, S.A. de C.V. price-consensus-chart | Industrias Bachoco, S.A. de C.V. Quote
Industrias Bachoco’s shares gained 11% over the last three months compared with the S&P 500’s decline of 5.8%. The company possesses a Momentum Score of A.
Industrias Bachoco, S.A. de C.V. Price
Industrias Bachoco, S.A. de C.V. price | Industrias Bachoco, S.A. de C.V. Quote
Nutanix, Inc. NTNX: This enterprise cloud platform company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 135.9% over the last 60 days.
Nutanix Price and Consensus
Nutanix price-consensus-chart | Nutanix Quote
Nutanix’s shares gained 80.1% over the last three months compared with the S&P 500’s decline of 5.8%. The company possesses a Momentum Score of B.-
Nutanix Price
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Zacks Names “Single Best Pick to Double”
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>
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PattersonUTI Energy, Inc. (PTEN): Free Stock Analysis Report
Nutanix (NTNX): Free Stock Analysis Report
Industrias Bachoco, S.A. de C.V. (IBA): Free Stock Analysis Report
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