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Top Ranked Momentum Stocks to Buy for May 16th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 16th:         

Materion Corporation (MTRN): This advanced engineered materials manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

Materion Corporation Price and Consensus

Materion Corporation Price and Consensus

Materion Corporation price-consensus-chart | Materion Corporation Quote

Materion’s shares gained 13.5% over the last one month more than S&P 500’s decline of 0.8%. The company possesses a Momentum Score of B.

Materion Corporation Price

Materion Corporation Price

Materion Corporation price | Materion Corporation Quote

Roper Technologies, Inc. (ROP): This developer of software and engineered products and solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.

Roper Technologies, Inc. Price and Consensus

Roper Technologies, Inc. Price and Consensus

Roper Technologies, Inc. price-consensus-chart | Roper Technologies, Inc. Quote

Roper Technologies’ shares gained 3% over the last one month. The company possesses a Momentum Score of B.

Roper Technologies, Inc. Price

Roper Technologies, Inc. Price

Roper Technologies, Inc. price | Roper Technologies, Inc. Quote

Identiv, Inc. (INVE): This security technology company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 66.7% over the last 60 days.

Identiv, Inc. Price and Consensus

Identiv, Inc. Price and Consensus

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

Identiv's shares gained 2.8% over the last one month. The company possesses a Momentum Score of B.

Identiv, Inc. Price

Identiv, Inc. Price

Identiv, Inc. price | Identiv, Inc. Quote

PayPal Holdings, Inc. (PYPL): This technology platform and digital payments company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.

PayPal Holdings, Inc. Price and Consensus

PayPal Holdings, Inc. Price and Consensus

PayPal Holdings, Inc. price-consensus-chart | PayPal Holdings, Inc. Quote

PayPal's shares gained 5.8% over the last one month. The company possesses a Momentum Score of B.

PayPal Holdings, Inc. Price

PayPal Holdings, Inc. Price

PayPal Holdings, Inc. price | PayPal Holdings, 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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Roper Technologies, Inc. (ROP) : Free Stock Analysis Report
 
PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report
 
Materion Corporation (MTRN) : Free Stock Analysis Report
 
Identiv, Inc. (INVE) : Free Stock Analysis Report
 
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