3 Momentum Trades for October With Ample Upside Ahead

Quick Summary:

Good momentum trades combine factors that help ensure the market is bullish and capable of continuing the uptrend with catalysts to drive the market even higher. 

The stocks in this article do just that: they combine numerous variables, including fundamental quality, an outlook for growth, analysts and institutional support, and catalysts for additional upside.

Highlights from 2024 suggest the 2025 consensus estimates are low, providing a potential tailwind for the market in the form of outperformance and analyst upgrades to revenue and earnings targets. 

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Author / Journalist: MarketBeat

Category: Technology

Markets: United States

Topics: Tech Analyst Ratings ORCL PANW Contributors News Large Cap Markets Price Target Trading Ideas Earnings

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Article Type: News Report

Published On: 2024-10-10 @ 16:29:13 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 769 words

Reading Time: 5 minutes read

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Copyright Owner: © Benzinga

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