Top Ranked Momentum Stocks to Buy for October 12th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 12th:


Ring Energy, Inc.


REI

: This exploration and production company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

Ring Energy’s shares gained 49.6% over the last one month against the S&P 500’s decline of 2.5%. The company possesses a

Momentum Score

of A.


Ovintiv Inc.


OVV

: This company that engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.5% over the last 60 days.

Ovintiv’s shares gained 27.4% over the last one month. The company possesses a Momentum Score of A.


Earthstone Energy


, Inc.


ESTE

: This independent oil and gas company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.

Earthstone Energy’s shares gained 30% over the last one month. The company possesses a Momentum Score of A.


Westlake Chemical Corporation


WLK

: This company that manufactures and markets basic chemicals, vinyls, polymers, and building products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

Westlake Chemical’s shares gained 14.5% over the last one month. 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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