Three Stocks to Watch: Solid Buy Ratings and Momentum

On May 2nd, investors might consider three stocks that currently hold strong buy ratings and positive momentum:

Sprouts Farmers Market (SFM)

Sprouts Farmers Market operates in a highly fragmented grocery industry. The company focuses on fresh produce, a diverse food section, and a wellness-centric vitamin department. With a Zacks Rank of #1 (Strong Buy), Sprouts saw a 2.6% increase in the Zacks Consensus Estimate for its current year earnings over the past 60 days.

Price and Consensus for Sprouts Farmers Market, Inc.

Sprouts Farmers Market, Inc. Price Consensus | Sprouts Farmers Market, Inc. Quote

Over the last three months, Sprouts Farmers Market’s shares rose by 7.4%, contrasting with the S&P 500’s decline of 6.6%. The company holds a Momentum Score of A.

Current Price of Sprouts Farmers Market, Inc.

Sprouts Farmers Market, Inc. Price | Sprouts Farmers Market, Inc. Quote

Agnico Eagle Mines (AEM)

Agnico Eagle Mines is a gold mining company with operations in Canada, Mexico, and Finland, and exploratory activities across North America and Europe. Also holding a Zacks Rank of #1, the company noted a significant increase of 26.2% in the Zacks Consensus Estimate for its current year earnings over the last two months.

Price and Consensus for Agnico Eagle Mines Limited

Agnico Eagle Mines Limited Price Consensus | Agnico Eagle Mines Limited Quote

Shares of Agnico Eagle Mines have appreciated 19.1% over the past three months, also beating the S&P 500’s 6.6% decline. The company too possesses a Momentum Score of A.

Current Price of Agnico Eagle Mines Limited

Agnico Eagle Mines Limited Price | Agnico Eagle Mines Limited Quote

Banco Santander Chile (BSAC)

As the largest bank in Chile, Banco Santander Chile also holds a Zacks Rank of #1. The company’s current year earnings estimate has risen by 3.9% over the last two months.

Price and Consensus for Banco Santander Chile

Banco Santander Chile Price Consensus | Banco Santander Chile Quote

Banco Santander Chile viewed a share increase of 18.9% over the last three months in contrast to the S&P 500’s drop of 6.6%. Like the others, this company possesses a Momentum Score of A.

Current Price of Banco Santander Chile

Banco Santander Chile Price | Banco Santander Chile Quote

Additionally, see the full list of top-ranked stocks here.

For more on the Momentum Score and its calculation, visit the link.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.