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Top Ranked Momentum Stocks to Buy for May 23rd

Zacks Equity Research
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 23rd:

McGrath RentCorp (MGRC): This business-to-business rental company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 5.2% over the last 60 days.

McGrath RentCorp Price and Consensus

McGrath RentCorp Price and Consensus

McGrath RentCorp price-consensus-chart | McGrath RentCorp Quote

McGrath RentCorp’s shares gained 69.4% over the last one month higher than the S&P 500’s increase of 2%. The company possesses a Momentum Score of A.

McGrath RentCorp Price

McGrath RentCorp Price

McGrath RentCorp price | McGrath RentCorp Quote

Univest Corporation of Pennsylvania (UVSP): This bank holding company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

Univest Corporation of Pennsylvania Price and Consensus

Univest Corporation of Pennsylvania Price and Consensus

Univest Corporation of Pennsylvania price-consensus-chart | Univest Corporation of Pennsylvania Quote

Univest Corporation of Pennsylvania’s shares gained 4% over the last one month. The company possesses a Momentum Score of A.

Univest Corporation of Pennsylvania Price

Univest Corporation of Pennsylvania Price

Univest Corporation of Pennsylvania price | Univest Corporation of Pennsylvania Quote

Ocwen Financial Corporation (OCN): This financial services holding company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 57.7% over the last 60 days.

Ocwen Financial Corporation Price and Consensus

Ocwen Financial Corporation Price and Consensus

Ocwen Financial Corporation price-consensus-chart | Ocwen Financial Corporation Quote

Ocwen Financial’s shares gained 10.8% over the last one month. The company possesses a Momentum Score of A.

Ocwen Financial Corporation Price

Ocwen Financial Corporation Price

Ocwen Financial Corporation price | Ocwen Financial Corporation Quote

NVIDIA Corporation (NVDA): This visual computing company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.1% over the last 60 days.

NVIDIA Corporation Price and Consensus

NVIDIA Corporation Price and Consensus

NVIDIA Corporation price-consensus-chart | NVIDIA Corporation Quote

NVIDIA’s shares gained 9.7% over the last one month. The company possesses a Momentum Score of A.

NVIDIA Corporation Price

NVIDIA Corporation Price

NVIDIA Corporation price | NVIDIA Corporation 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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Univest Corporation of Pennsylvania (UVSP) : Free Stock Analysis Report
 
Ocwen Financial Corporation (OCN) : Free Stock Analysis Report
 
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
 
McGrath RentCorp (MGRC) : Free Stock Analysis Report
 
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