Top Ranked Momentum Stocks to Buy for May 19th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 19th:
L Brands, Inc. (LB): This retailer of home fragrance products, body care products and more has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.2% over the last 60 days.
L Brands, Inc. Price and Consensus
L Brands, Inc. price-consensus-chart | L Brands, Inc. Quote
L Brands’ shares gained 8.4% over the last one month against the S&P 500’s decline of 0.2%. The company possesses a Momentum Score of A.
L Brands, Inc. Price
L Brands, Inc. price | L Brands, Inc. Quote
Macy's, Inc. (M): This omnichannel retail organization that operates stores, websites, and mobile applications under the Macy's, Bloomingdale's, and bluemercury brands has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.2% over the last 60 days.
Macy's, Inc. Price and Consensus
Macy's, Inc. price-consensus-chart | Macy's, Inc. Quote
Macy's shares gained 19.3% over the last one month. The company possesses a Momentum Score of A.
Macy's, Inc. Price
Macy's, Inc. price | Macy's, Inc. Quote
The Goodyear Tire & Rubber Company (GT): This tires and related products manufacturer and seller has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.4% over the last 60 days.
The Goodyear Tire & Rubber Company Price and Consensus
The Goodyear Tire & Rubber Company price-consensus-chart | The Goodyear Tire & Rubber Company Quote
Goodyear Tire’s shares gained 13.5% over the last one month. The company possesses a Momentum Score of A.
The Goodyear Tire & Rubber Company Price
The Goodyear Tire & Rubber Company price | The Goodyear Tire & Rubber Company Quote
The Children's Place, Inc. (PLCE): This children's specialty apparel retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.1% over the last 60 days.
The Children's Place, Inc. Price and Consensus
The Children's Place, Inc. price-consensus-chart | The Children's Place, Inc. Quote
Children's Place’s shares gained 27.0% over the last one month. The company possesses a Momentum Score of A.
The Children's Place, Inc. Price
The Children's Place, Inc. price | The Children's Place, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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
The Childrens Place, Inc. (PLCE) : Free Stock Analysis Report
Macys, Inc. (M) : Free Stock Analysis Report
L Brands, Inc. (LB) : Free Stock Analysis Report
The Goodyear Tire & Rubber Company (GT) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research