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Top Ranked Momentum Stocks to Buy for May 30th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 30th:

Noodles & Company (NDLS): This fast-casual restaurants operator has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.

Noodles & Company Price and Consensus

Noodles & Company Price and Consensus

Noodles & Company price-consensus-chart | Noodles & Company Quote

Noodles & Company’s shares gained 2% over the last one month more than S&P 500’s decline of 5.1%. The company possesses a Momentum Score of B.

Noodles & Company Price

Noodles & Company Price

Noodles & Company price | Noodles & Company Quote

Semiconductor Manufacturing International Corporation (SMI): This investment holding company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Semiconductor Manufacturing International Corporation Price and Consensus

Semiconductor Manufacturing International Corporation Price and Consensus

Semiconductor Manufacturing International Corporation price-consensus-chart | Semiconductor Manufacturing International Corporation Quote

Semiconductor Manufacturing International’s shares gained 9.6% over the last one month. The company possesses a Momentum Score of B.

Semiconductor Manufacturing International Corporation Price

Semiconductor Manufacturing International Corporation Price

Semiconductor Manufacturing International Corporation price | Semiconductor Manufacturing International Corporation Quote

Denny's Corporation (DENN): This full-service restaurant chains owner has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.

Denny's Corporation Price and Consensus

Denny's Corporation Price and Consensus

Denny's Corporation price-consensus-chart | Denny's Corporation Quote

Denny's shares gained 4.1% over the last one month. The company possesses a Momentum Score of B.

Denny's Corporation Price

Denny's Corporation Price

Denny's Corporation price | Denny's Corporation Quote

Entravision Communications Corporation (EVC): This media company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 25% over the last 60 days.

Entravision Communications Corporation Price and Consensus

Entravision Communications Corporation Price and Consensus

Entravision Communications Corporation price-consensus-chart | Entravision Communications Corporation Quote

Entravision Communications’shares gained 9.8% over the last one month. The company possesses a Momentum Score of A.

Entravision Communications Corporation Price

Entravision Communications Corporation Price

Entravision Communications Corporation price | Entravision Communications Corporation Quote

See the full list of top ranked stocks here

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

The Hottest Tech Mega-Trend of All                

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>               


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Semiconductor Manufacturing International Corporation (SMI) : Free Stock Analysis Report
 
Noodles & Company (NDLS) : Free Stock Analysis Report
 
Entravision Communications Corporation (EVC) : Free Stock Analysis Report
 
Denny's Corporation (DENN) : Free Stock Analysis Report
 
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