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Greatest Momentum Shares to Purchase for October sixteenth

Date:

Listed below are three shares with purchase rank and powerful momentum traits for traders to think about right this moment, October sixteenth:

REE Automotive Ltd. REE: This automotive expertise firm has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its present yr earnings rising 46.3% over the past 60 days.

REE Automotive Ltd. Worth and Consensus

REE Automotive Ltd. price-consensus-chart | REE Automotive Ltd. Quote

REE Automotive’s shares gained 56.8% over the past three months in contrast with the S&P 500’s advance of 4%. The corporate possesses a Momentum Score  of B.

REE Automotive Ltd. Worth

REE Automotive Ltd. Price

REE Automotive Ltd. price | REE Automotive Ltd. Quote

Unity Bancorp, Inc. UNTY: This holding firm for Unity Financial institution has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its present yr earnings rising 2.4% over the past 60 days.

Unity Bancorp, Inc. Worth and Consensus

Unity Bancorp, Inc. Price and Consensus

Unity Bancorp, Inc. price-consensus-chart | Unity Bancorp, Inc. Quote

Unity Bancorp’s shares gained 11.5% over the past three months in contrast with the S&P 500’s advance of 4%. The corporate possesses a Momentum Rating of A.

Unity Bancorp, Inc. Worth

Unity Bancorp, Inc. Price

Unity Bancorp, Inc. price | Unity Bancorp, Inc. Quote

First Group Company FCCO: This financial institution holding firm for First Group Financial institution has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its present yr earnings rising 1.2% over the past 60 days.

First Group Company Worth and Consensus

First Community Corporation Price and Consensus

First Community Corporation price-consensus-chart | First Group Company Quote

First Group’s shares gained 4.9% over the past three months in contrast with the S&P 500’s advance of 4%. The corporate possesses a Momentum Rating of A.

First Group Company Worth

First Community Corporation Price

First Community Corporation price | First Group Company Quote

 

See the full list of top ranked stocks here

 

Be taught extra concerning the Momentum score and how it is calculated here.

Zacks Names #1 Semiconductor Inventory

It is only one/9,000th the scale of NVIDIA which skyrocketed greater than +800% since we really useful it. NVIDIA continues to be robust, however our new high chip inventory has far more room to growth.

With robust earnings development and an increasing buyer base, it is positioned to feed the rampant demand for Synthetic Intelligence, Machine Studying, and Web of Issues. International semiconductor manufacturing is projected to blow up from $452 billion in 2021 to $803 billion by 2028.

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First Community Corporation (FCCO) : Free Stock Analysis Report

REE Automotive Ltd. (REE) : Free Stock Analysis Report

Unity Bancorp, Inc. (UNTY) : Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.

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