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Top Ranked Momentum Stocks to Buy for May 24th

Zacks Equity Research

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 24th:

Anadarko Petroleum Corporation (APC): This explorer and developer of oil and gas properties has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 61.2% over the last 60 days.

Anadarko Petroleum Corporation Price and Consensus

Anadarko Petroleum Corporation Price and Consensus

Anadarko Petroleum Corporation price-consensus-chart | Anadarko Petroleum Corporation Quote

Anadarko’s shares gained 1.4% over the last one month against the S&P 500’s fall of 3.6%. The company possesses a Momentum Score of B.

Anadarko Petroleum Corporation Price

Anadarko Petroleum Corporation Price

Anadarko Petroleum Corporation price | Anadarko Petroleum Corporation 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 12.2% 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

ALLETE, Inc. (ALE): This owner and operator of an energy company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.

Allete, Inc. Price and Consensus

Allete, Inc. Price and Consensus

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

ALLETE’s shares gained 4% over the last one month. The company possesses a Momentum Score of B.

Allete, Inc. Price

Allete, Inc. Price

Allete, Inc. price | Allete, 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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