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Top Ranked Momentum Stocks to Buy for May 5th

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·3 min read
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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 5th:

Eagle Bulk Shipping Inc. (EGLE): This company that engages in the ocean transportation of dry bulk cargoes has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Eagle Bulk Shipping Inc. Price and Consensus

Eagle Bulk Shipping Inc. Price and Consensus
Eagle Bulk Shipping Inc. Price and Consensus

Eagle Bulk Shipping Inc. price-consensus-chart | Eagle Bulk Shipping Inc. Quote

Eagle Bulk Shipping’s shares gained 30.8% over the last one month compared to S&P 500’s rise of 2.3%. The company possesses a Momentum Score of A.

Eagle Bulk Shipping Inc. Price

Eagle Bulk Shipping Inc. Price
Eagle Bulk Shipping Inc. Price

Eagle Bulk Shipping Inc. price | Eagle Bulk Shipping Inc. Quote

Great Western Bancorp, Inc. (GWB): This bank holding company for Great Western Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.5% over the last 60 days.

Great Western Bancorp, Inc. Price and Consensus

Great Western Bancorp, Inc. Price and Consensus
Great Western Bancorp, Inc. Price and Consensus

Great Western Bancorp, Inc. price-consensus-chart | Great Western Bancorp, Inc. Quote

Great Western Bancorp’s shares gained 9.2% over the last one month. The company possesses a Momentum Score of B.

Great Western Bancorp, Inc. Price

Great Western Bancorp, Inc. Price
Great Western Bancorp, Inc. Price

Great Western Bancorp, Inc. price | Great Western Bancorp, Inc. Quote

Hanmi Financial Corporation (HAFC): This holding company for Hanmi Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.6% over the last 60 days.

Hanmi Financial Corporation Price and Consensus

Hanmi Financial Corporation Price and Consensus
Hanmi Financial Corporation Price and Consensus

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

Hanmi Financial’s shares gained 6.8% over the last one month. The company possesses a Momentum Score of A.

Hanmi Financial Corporation Price

Hanmi Financial Corporation Price
Hanmi Financial Corporation Price

Hanmi Financial Corporation price | Hanmi Financial Corporation Quote

Huntsman Corporation (HUN): This company that manufactures and sells differentiated organic chemical products carries a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.

Huntsman Corporation Price and Consensus

Huntsman Corporation Price and Consensus
Huntsman Corporation Price and Consensus

Huntsman Corporation price-consensus-chart | Huntsman Corporation Quote

Huntsman’s shares gained 6.1% over the last one month. The company possesses a Momentum Score of B.

Huntsman Corporation Price

Huntsman Corporation Price
Huntsman Corporation Price

Huntsman Corporation price | Huntsman Corporation Quote

See the full list of top ranked stocks here

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

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

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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

Huntsman Corporation (HUN) : Free Stock Analysis Report

Hanmi Financial Corporation (HAFC) : Free Stock Analysis Report

Great Western Bancorp, Inc. (GWB) : Free Stock Analysis Report

Eagle Bulk Shipping Inc. (EGLE) : Free Stock Analysis Report

To read this article on Zacks.com click here.