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Top Ranked Momentum Stocks to Buy for May 28th

·3 min read

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 28th:

Cogent Communications Holdings, Inc. (CCOI): This company that through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.5% over the last 60 days.

Cogent Communications Holdings, Inc. Price and Consensus

Cogent Communications Holdings, Inc. Price and Consensus
Cogent Communications Holdings, Inc. Price and Consensus

Cogent Communications Holdings, Inc. price-consensus-chart | Cogent Communications Holdings, Inc. Quote

Cogent Communications’ shares gained 8.9% over the last one month compared to S&P 500’s rise of 0.4%. The company possesses a Momentum Score of A.

Cogent Communications Holdings, Inc. Price

Cogent Communications Holdings, Inc. Price
Cogent Communications Holdings, Inc. Price

Cogent Communications Holdings, Inc. price | Cogent Communications Holdings, Inc. Quote

Granite Point Mortgage Trust Inc. (GPMT): This company that focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days.

Granite Point Mortgage Trust Inc. Price and Consensus

Granite Point Mortgage Trust Inc. Price and Consensus
Granite Point Mortgage Trust Inc. Price and Consensus

Granite Point Mortgage Trust Inc. price-consensus-chart | Granite Point Mortgage Trust Inc. Quote

Granite Point Mortgage Trust’s shares gained 6.9% over the last one month. The company possesses a Momentum Score of B.

Granite Point Mortgage Trust Inc. Price

Granite Point Mortgage Trust Inc. Price
Granite Point Mortgage Trust Inc. Price

Granite Point Mortgage Trust Inc. price | Granite Point Mortgage Trust Inc. Quote

Veritex Holdings, Inc. (VBTX):This bank holding company for Veritex Community Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.5% over the last 60 days.

Veritex Holdings, Inc. Price and Consensus

Veritex Holdings, Inc. Price and Consensus
Veritex Holdings, Inc. Price and Consensus

Veritex Holdings, Inc. price-consensus-chart | Veritex Holdings, Inc. Quote

Veritex Holdings’ shares gained 5.2% over the last one month. The company possesses a Momentum Score of B.

Veritex Holdings, Inc. Price

Veritex Holdings, Inc. Price
Veritex Holdings, Inc. Price

Veritex Holdings, Inc. price | Veritex Holdings, Inc. Quote

Urban Outfitters, Inc. (URBN): This innovative specialty retailer and wholesaler which offers a variety of lifestyle merchandise has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 42.2% over the last 60 days.

Urban Outfitters, Inc. Price and Consensus

Urban Outfitters, Inc. Price and Consensus
Urban Outfitters, Inc. Price and Consensus

Urban Outfitters, Inc. price-consensus-chart | Urban Outfitters, Inc. Quote

Urban Outfitters’ shares gained 4.6% over the last one month. The company possesses a Momentum Score of A.

Urban Outfitters, Inc. Price

Urban Outfitters, Inc. Price
Urban Outfitters, Inc. Price

Urban Outfitters, Inc. price | Urban Outfitters, Inc. Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>


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

Veritex Holdings, Inc. (VBTX) : Free Stock Analysis Report

Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report

Granite Point Mortgage Trust Inc. (GPMT) : Free Stock Analysis Report

Cogent Communications Holdings, Inc. (CCOI) : Free Stock Analysis Report

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Zacks Investment Research