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Top Ranked Momentum Stocks to Buy for May 2nd

Zacks Equity Research
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 2nd:

WEX Inc. (WEX): This corporate card payment solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 1.3% over the last 60 days.

WEX Inc. Price and Consensus

WEX Inc. Price and Consensus

WEX Inc. price-consensus-chart | WEX Inc. Quote

WEX’s shares gained 49.2% over the last one month more than S&P 500’s gain of 8%. The company possesses a Momentum Score of A.

WEX Inc. Price

WEX Inc. Price

WEX Inc. price | WEX Inc. Quote

PTC Inc. (PTC): This developer of software products and solutions has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

PTC Inc. Price and Consensus

PTC Inc. Price and Consensus

PTC Inc. price-consensus-chart | PTC Inc. Quote

PTC’s shares gained 44.1% over the last one month. The company possesses a Momentum Score of B.

PTC Inc. Price

PTC Inc. Price

PTC Inc. price | PTC Inc. Quote

Cal-Maine Foods, Inc. (CALM): This distributor of shell eggs has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 36.6% over the last 60 days.

Cal-Maine Foods, Inc. Price and Consensus

Cal-Maine Foods, Inc. Price and Consensus

Cal-Maine Foods, Inc. price-consensus-chart | Cal-Maine Foods, Inc. Quote

Cal-Maine’s shares gained 32.4% over the last one month. The company possesses a Momentum Score of A.

Cal-Maine Foods, Inc. Price

Cal-Maine Foods, Inc. Price

Cal-Maine Foods, Inc. price | Cal-Maine Foods, Inc. 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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