Best Momentum Stocks to Buy for May 4th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 4th:
Encore Wire WIRE: This company which manufactures low-cost copper electrical building wire and cable, has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 75.6% over the last 60 days.
Encore Wire Corporation Price and Consensus
Encore Wire Corporation price-consensus-chart | Encore Wire Corporation Quote
Encore Wire’s shares gained 10.3% over the last three months compared with the S&P 500’s decline of 6.7%. The company possesses a Momentum Score of A.
Encore Wire Corporation Price
Encore Wire Corporation price | Encore Wire Corporation Quote
CNX Resources CNX: This independent oil and gas exploration and production company, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.8% over the last 60 days.
CNX Resources Corporation. Price and Consensus
CNX Resources Corporation. price-consensus-chart | CNX Resources Corporation. Quote
CNX Resources’s shares gained 33.5% over the last three months compared with the S&P 500’s decline of 6.7%. The company possesses a Momentum Score of A
CNX Resources Corporation. Price
CNX Resources Corporation. price | CNX Resources Corporation. Quote
Carlisle Companies CSL: This company which is engaged in the design, manufacture, and sale of a wide range of roofing and waterproofing products, engineered products, and finishing equipment, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.
Carlisle Companies Incorporated Price and Consensus
Carlisle Companies Incorporated price-consensus-chart | Carlisle Companies Incorporated Quote
Carlisle Companies’s shares gained 22.4% over the last three months compared with the S&P 500’s decline of 6.7%. The company possesses a Momentum Score of A.
Carlisle Companies Incorporated Price
Carlisle Companies Incorporated price | Carlisle Companies Incorporated Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
CNX Resources Corporation. (CNX) : Free Stock Analysis Report
Carlisle Companies Incorporated (CSL) : Free Stock Analysis Report
Encore Wire Corporation (WIRE) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research