Best Momentum Stocks to Buy for October 7th
MU, EQNR and OII made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 7th, 2026.
Stock Taper
| DATE | TYPE | RATIO |
|---|---|---|
| 2011-06-13 | Forward | 2:1 |
| 2006-06-19 | Forward | 2:1 |
Oceaneering International provides engineered services, robotic solutions, and products across offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide, including ROVs, subsea hardware, autonomous vehicles, and di...

Oceaneering's new Vision™ module provides engineers with precise, contextual 3D point cloud data from ROVs, enhancing subsea asset integrity, asset management, and reducing operational costs through advanced digital integration.
Oceaneering International reported third-quarter 2025 earnings and revenue that significantly surpassed analyst expectations. The company posted adjusted earnings of 71 cents per share, well above the consensus estimate of 43 cents, and revenue of $742.9 million against an expected $712.5 million. The strong results were accompanied by the announcement of $854 million in new inbound orders, with notable contract wins in its Subsea Robotics, Aerospace and Defense Technologies, and Manufactured Products segments, putting a major spotlight on the company's performance and future outlook.
In 2025, Oceaneering International made a significant strategic pivot by aggressively expanding its Aerospace and Defense Technologies (ADTech) segment. This move was headlined by securing the largest initial contract in the company's history in the first quarter, a deliberate effort to diversify revenue streams and reduce reliance on the volatile offshore oil and gas market. [3, 8, 14] The company's focus on this high-growth area was consistently highlighted throughout the year as a primary driver of increased revenue and profitability. [7, 16, 18]
MU, EQNR and OII made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 7th, 2026.
OII's $154 million Navy award expands ADTech's defense exposure, reinforces its Dry Deck Shelter role and adds potential revenue visibility.
HOUSTON--(BUSINESS WIRE)--Oceaneering Announces U.S. Navy Dry Deck Shelter Award. ADTech awarded follow-on 5-yrs contract (1 base yr and 4 option yrs), w/potential of $154M.
Overall rating: B+
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INSW | $117.61 | COMPARE |
DK | $75.05 | COMPARE |
PTEN | $11.16 | COMPARE |
TDW | $82.63 | COMPARE |
DHT | $24.11 | COMPARE |
USAC | $25.39 | COMPARE |
LBRT | $19.47 | COMPARE |
BSM | $14.60 | COMPARE |