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Best Momentum Stock to Buy for October 1st
Gold Fields Gold Fields (US:GFI) ZACKSยท2025-10-01 15:01

Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: Gold Fields Limited, Western Digital, and StoneCo [1][2][3][4] Company Summaries - Gold Fields Limited (GFI): A leading unhedged gold producer with operations in South Africa, Ghana, and Australia. The company has a Zacks Rank of 1 (Strong Buy) and a 7% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days. Its shares gained 78.3% in the last three months, significantly outperforming the S&P 500's 7.8% gain, and it holds a Momentum Score of A [1][2]. - Western Digital (WDC): A prominent developer and manufacturer of data storage devices utilizing NAND flash and hard disk drive technologies. The company also has a Zacks Rank of 1 and a 1.9% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days. Its shares surged 88.3% in the last three months, again outperforming the S&P 500's 7.8% gain, with a Momentum Score of A [2][3]. - StoneCo (STNE): A financial technology solutions provider offering a cloud-based platform for electronic commerce across various channels. The company has a Zacks Rank of 1 and an 8.7% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days. Its shares increased by 17.2% in the last three months, also outperforming the S&P 500's 7.8% gain, and it possesses a Momentum Score of A [3][4].