Best Momentum Stocks to Buy for October 16th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 16th: REE Automotive Ltd. (REE) : This automotive technology company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 46.3% over the last 60 days. REE Automotive's shares gained 56.8% over the last three months compared with the S&P 500's advance of 4%. The company possesses a Momentum Score of B. Unity Bancorp, Inc. (UNTY) : This holding com ...