Best Momentum Stock to Buy for Oct. 17th

Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: Tesco, Grocery Outlet, and ABB [1][2][3][4] Group 1: Tesco - Tesco is the UK's largest retailer and has a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for Tesco's current year earnings increased by 4.6% over the last 60 days [1] - Tesco's shares gained 8% over the last three months, outperforming the S&P 500's gain of 5.2% [2] - The company possesses a Momentum Score of A [2] Group 2: Grocery Outlet - Grocery Outlet is a high-growth, extreme value retailer with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Grocery Outlet's current year earnings increased by 1.3% over the last 60 days [2] - Grocery Outlet's shares gained 9.4% over the last three months, also outperforming the S&P 500's gain of 5.2% [3] - The company possesses a Momentum Score of A [3] Group 3: ABB - ABB is a leading technology company with a Zacks Rank 1 [3][4] - The Zacks Consensus Estimate for ABB's current year earnings increased by 1.2% over the last 60 days [3] - ABB's shares gained 14.1% over the last three months, significantly outperforming the S&P 500's gain of 5.2% [4] - The company possesses a Momentum Score of B [4]