Top Performing Stocks with Strong Momentum on October 14th

By: Alex Freidmen

Energy is crackling in the world of stocks. The market is a tempestuous sea and investors are sailing with the wind at their backs. Here’s a beacon to guide you — three stocks shining bright with robust momentum for your consideration today, October 14th.

IAMGOLD Corporation Shines

Behold the intermediate gold producer, IAMGOLD Corporation (IAG). With a Zacks Rank #1, its current year earnings estimate surged by a dazzling 30.8% over the last 60 days. IAMGOLD’s shares have soared a massive 17.2% over the past three months, outpacing the S&P 500’s incremental advance. The company boasts an illustrious Momentum Score of A.

DiaMedica Therapeutics Inc. Ascends

Ascending from the clinical stage is DiaMedica Therapeutics Inc. (DMAC). This biopharmaceutical entity holds a Zacks Rank #1, with its current year earnings estimate sprouting by 7.9% in the last 60 days. DiaMedica has galloped 18.7% higher in just three months, eclipsing the S&P 500’s progress. Its Momentum Score gleams with an A.

HIVE Digital Technologies Ltd. Soars

A digital phoenix rising, HIVE Digital Technologies Ltd. (HIVE) emerges as a robust miner and seller of digital currencies. With a Zacks Rank #1, its current year earnings estimate has swelled an impressive 47.2% over the past 60 days. HIVE has taken flight, seeing a remarkable 17.8% surge in the last six months, outshining the S&P 500’s rise. The company’s Momentum Score sparkles with a B.

Dive deeper into the world of top-ranked stocks. Discover more about the Momentum score and how it is deciphered.

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Delve deeper into the stock analysis with these free reports: Iamgold Corporation (IAG), HIVE Digital Technologies Ltd. (HIVE), DiaMedica Therapeutics, Inc. (DMAC).

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