U.S. Markets open in 5 hrs 59 mins

Top Ranked Momentum Stocks to Buy for May 22nd

Zacks Equity Research

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 22nd:

American International Group, Inc. (AIG): This provider of insurance products has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.7% over the last 60 days.

American International Group, Inc. Price and Consensus

American International Group, Inc. Price and Consensus

American International Group, Inc. price-consensus-chart | American International Group, Inc. Quote

American International’s shares gained 13.4% over the last one month against the S&P 500’s fall of 1.8%. The company possesses a Momentum Score of A.

American International Group, Inc. Price

American International Group, Inc. Price

American International Group, Inc. price | American International Group, Inc. Quote

American Equity Investment Life Holding Company (AEL): This provider of life insurance products and services has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.4% over the last 60 days.

American Equity Investment Life Holding Company Price and Consensus

American Equity Investment Life Holding Company Price and Consensus

American Equity Investment Life Holding Company price-consensus-chart | American Equity Investment Life Holding Company Quote

American Equity’s shares gained 6.2% over the last one month. The company possesses a Momentum Score of B.

American Equity Investment Life Holding Company Price

American Equity Investment Life Holding Company Price

American Equity Investment Life Holding Company price | American Equity Investment Life Holding Company Quote

Arcosa, Inc. (ACA):This manufacturer of infrastructure-related products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

Arcosa, Inc. Price and Consensus

Arcosa, Inc. Price and Consensus

Arcosa, Inc. price-consensus-chart | Arcosa, Inc. Quote

Arcosa’s shares gained 17.1% over the last one month. The company possesses a Momentum Score of B.

Arcosa, Inc. Price

Arcosa, Inc. Price

Arcosa, Inc. price | Arcosa, Inc. Quote

See the full list of top ranked stocks here.

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

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>


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
 
American International Group, Inc. (AIG) : Free Stock Analysis Report
 
American Equity Investment Life Holding Company (AEL) : Free Stock Analysis Report
 
Arcosa, Inc. (ACA) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research