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Best Momentum Stocks to Buy for May 5th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 5th:

Varex Imaging Corporation VREX: This X-ray imaging components company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days.

VAREX IMAGING Price and Consensus

VAREX IMAGING Price and Consensus
VAREX IMAGING Price and Consensus

VAREX IMAGING price-consensus-chart | VAREX IMAGING Quote

Varex’s shares gained 9% over the last three months compared with the S&P 500’s decline of 0.3%. The company possesses a Momentum Score of A.

VAREX IMAGING Price

VAREX IMAGING Price
VAREX IMAGING Price

VAREX IMAGING price | VAREX IMAGING Quote

 

 

 

Ligand Pharmaceuticals Incorporated LGND: This biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.2% over the last 60 days.

Ligand Pharmaceuticals Incorporated Price and Consensus

Ligand Pharmaceuticals Incorporated Price and Consensus
Ligand Pharmaceuticals Incorporated Price and Consensus

Ligand Pharmaceuticals Incorporated price-consensus-chart | Ligand Pharmaceuticals Incorporated Quote

Ligand’s shares gained 7% over the last three months compared with the S&P 500’s decline of 0.3%. The company possesses a Momentum Score of B.

Ligand Pharmaceuticals Incorporated Price

Ligand Pharmaceuticals Incorporated Price
Ligand Pharmaceuticals Incorporated Price

Ligand Pharmaceuticals Incorporated price | Ligand Pharmaceuticals Incorporated Quote

Flowserve Corporation FLS: This industrial flow management equipment company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

Flowserve Corporation Price and Consensus

Flowserve Corporation Price and Consensus
Flowserve Corporation Price and Consensus

Flowserve Corporation price-consensus-chart | Flowserve Corporation Quote

Flowserve’s shares gained 11% over the last six months compared with the S&P 500’s advance of 7.9%. The company possesses a Momentum Score of A.

Flowserve Corporation Price

Flowserve Corporation Price
Flowserve Corporation Price

Flowserve Corporation price | Flowserve Corporation 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

Flowserve Corporation (FLS) : Free Stock Analysis Report

Ligand Pharmaceuticals Incorporated (LGND) : Free Stock Analysis Report

VAREX IMAGING (VREX) : Free Stock Analysis Report

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