3 Top Momentum Stocks to Buy as U.S. Shutdown Nears End

Group 1: Government Shutdown and Market Impact - The Senate approved a bipartisan bill to end the 41-day government shutdown, the longest in U.S. history, which has positively impacted Wall Street and created a favorable environment for investing in momentum stocks [1] Group 2: Driehaus Strategy for Momentum Stocks - The Driehaus strategy, known as the "buy high and sell higher" approach, is highlighted as a proven investment method that has successfully identified momentum stocks [2][3] - Stocks selected using the Driehaus strategy include Insulet Corporation (PODD), Celestica Inc. (CLS), and Innodata Inc. (INOD), all of which meet key earnings and momentum criteria [8][10][11][12] Group 3: Key Criteria for Stock Selection - The strategy emphasizes strong earnings growth rates and impressive earnings projections, focusing on companies with a history of beating estimates [5] - Screening parameters include a Zacks Rank of 1 (Strong Buy), a Momentum Score of A or B, and specific EPS growth metrics, narrowing the stock universe to 13 candidates [6][9] Group 4: Company Profiles - Insulet Corporation (PODD): Develops insulin delivery systems with a Momentum Score of A and a trailing four-quarter earnings surprise of 17.8% on average [10] - Celestica Inc. (CLS): Provides global supply chain solutions, also with a Momentum Score of A and a trailing four-quarter earnings surprise of 6.9% on average [11] - Innodata Inc. (INOD): A data engineering company with a Momentum Score of A and a trailing four-quarter earnings surprise of 55.9% on average [12]