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Best Momentum Stocks to Buy for October 11th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 11th:

PBF Energy (PBF - Free Report) : This leading refiner of crude which provides end products that comprise heating oil, transportation fuels, lubricants and many related products, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days.

PBF Energy’s shares gained 37.4% over the last three months compared with the S&P 500’s decline of 5.6%. The company possesses a Momentum Score of A.

Richardson Electronics (RELL - Free Report) : This company which is a global provider of Engineered Solutions, serving the RF, Wireless & Power Conversion, Electron Device, Security and Display Systems markets, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.6% over the last 60 days.

Richardson Electronics’s shares gained 30.9% over the last three months compared with the S&P 500’s decline of 5.6%. The company possesses a Momentum Score of A.

PattersonUTI Energy (PTEN - Free Report) : This oilfield services company which has one of the largest onshore contract drillers in the United States and has a large fleet of pressure pumping equipment, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

PattersonUTI Energy’s shares gained 5.4% over the last three months compared with the S&P 500’s decline of 5.6%. The company possesses a Momentum Score of A.

 

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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Patterson-UTI Energy, Inc. (PTEN) - free report >>

Richardson Electronics, Ltd. (RELL) - free report >>

PBF Energy Inc. (PBF) - free report >>

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