Best Momentum Stocks to Buy for May 2nd
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 2nd:
Avnet AVT: This world’s largest distributor of electronic components and computer products company, has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.5% over the last 60 days.
Avnet, Inc. Price and Consensus
Avnet, Inc. price-consensus-chart | Avnet, Inc. Quote
Avnet’s shares gained 6.7% over the last three months compared with the S&P 500’s decline of 7.6%. The company possesses a Momentum Score of A.
Avnet, Inc. Price
Avnet, Inc. price | Avnet, Inc. Quote
Iamgold IAG: This international gold exploration and mining company based in Canada, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 180% over the last 60 days.
Iamgold Corporation Price and Consensus
Iamgold Corporation price-consensus-chart | Iamgold Corporation Quote
Iamgold’s shares gained 10.6% over the last three months compared with the S&P 500’s decline of 7.6%. The company possesses a Momentum Score of A
Iamgold Corporation Price
Iamgold Corporation price | Iamgold Corporation Quote
C.H. Robinson Worldwide CHRW: This company which provides freight transportation services and logistic solutions to companies across a wide range of industries, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days.
C.H. Robinson Worldwide, Inc. Price and Consensus
C.H. Robinson Worldwide, Inc. price-consensus-chart | C.H. Robinson Worldwide, Inc. Quote
C.H. Robinson Worldwide’s shares gained 19.2% over the last three months compared with the S&P 500’s decline of 7.6%. The company possesses a Momentum Score of B.
C.H. Robinson Worldwide, Inc. Price
C.H. Robinson Worldwide, Inc. price | C.H. Robinson Worldwide, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
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