Best Momentum Stocks to Buy for October 18th
HashiCorpHashiCorp(US:HCP) ZACKS·2024-10-18 15:01

Group 1: Stock Recommendations - Zoom Video Communications, Inc. (ZM) has a Zacks Rank 1 with a 5.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - HashiCorp, Inc. (HCP) also holds a Zacks Rank 1, showing a significant 92.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Madison Square Garden Entertainment Corp. (MSGE) maintains a Zacks Rank 1, with a 3.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 2: Stock Performance - Zoom's shares increased by 19.3% over the last three months, outperforming the S&P 500's 6% advance [1] - HashiCorp's shares rose by 41% over the last six months, compared to the S&P 500's 17.6% increase [1] - Madison Square Garden's shares gained 15.4% over the last three months, again surpassing the S&P 500's 6% advance [2] Group 3: Momentum Scores - Zoom Video Communications has a Momentum Score of A [1] - HashiCorp possesses a Momentum Score of B [1] - Madison Square Garden Entertainment has a Momentum Score of B [2]