A pair of stocks carrying top-tier ratings from Zacks Investment Research have each outpaced the broader market, drawing attention from momentum-focused investors heading into the final stretch of October 2026.
Nebius Group N.V. (NASDAQ: NBIS), an AI cloud computing infrastructure and GPU-powered services company, has delivered share price gains of 11.3% over the past six months, comfortably ahead of the S&P 500’s 6.7% advance over the same period.
The outperformance comes alongside a meaningful upward revision in earnings expectations, with the Zacks Consensus Estimate for Nebius’s current-year earnings climbing 16.2% over the last 60 days.
That combination of price momentum and rising analyst earnings estimates has earned Nebius a Zacks Rank of #1, the firm’s highest Strong Buy designation, along with a Momentum Score of B.
Nebius operates at the intersection of artificial intelligence infrastructure and cloud services, a sector that has attracted sustained investor interest as enterprise demand for GPU-powered computing capacity continues to grow rapidly.
Japan Tobacco Inc. (OTC: JAPAY), the Tokyo-based multinational tobacco producer, presents a contrasting but similarly compelling picture, with its shares rising 3.3% over the past three months against the S&P 500’s 3% gain across the same window.
While the margin of outperformance is narrower than Nebius’s, Japan Tobacco’s earnings estimate trajectory has also moved higher, with the Zacks Consensus Estimate for its current-year earnings increasing 3.7% over the past 60 days.
Like Nebius, Japan Tobacco carries a Zacks Rank #1 Strong Buy rating and a Momentum Score of B, placing both companies in the same select tier of Zacks-rated equities despite operating in entirely different industries.
The pairing of an AI infrastructure pure-play and a legacy consumer staples giant under the same momentum and ranking framework illustrates how earnings revision trends can surface opportunities across very different corners of the market.
Zacks’s momentum scoring methodology evaluates price performance relative to peers and the broader index, meaning a B score for both companies reflects sustained relative strength rather than short-term volatility-driven moves.
Investors tracking high-conviction names with improving earnings outlooks and market-beating price action may find both NBIS and JAPAY worth monitoring as November trading gets underway.
