Best Momentum Stock to Buy for May 14th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May14th:

DXP Enterprises DXPE: This company which is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada, Mexico and Dubai, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.0% over the last 60 days.

DXP Enterprises, Inc. Price and Consensus

DXP Enterprises, Inc. Price and Consensus

DXP Enterprises, Inc. price-consensus-chart | DXP Enterprises, Inc. Quote

DXP Enterprises’s shares gained 45.3% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.

DXP Enterprises, Inc. Price

DXP Enterprises, Inc. Price

DXP Enterprises, Inc. price | DXP Enterprises, Inc. Quote

Costamare CMRE: This company which operates as a containership owner chartering its vessels to liner companies, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.0% over the last 60 days.

Costamare Inc. Price and Consensus

Costamare Inc. Price and Consensus

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

Costamare’s shares gained 21.3% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.

Costamare Inc. Price

Costamare Inc. Price

Costamare Inc. price | Costamare Inc. Quote

Skyward Specialty Insurance Group, Inc. SKWD: This company which engages in underwriting commercial property and casualty insurance coverages principally in the United States, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.

Skyward Specialty Insurance Group, Inc. Price and Consensus

Skyward Specialty Insurance Group, Inc. Price and Consensus

Skyward Specialty Insurance Group, Inc. price-consensus-chart | Skyward Specialty Insurance Group, Inc. Quote

Skyward Specialty Insurance’s shares gained 12.1% over the last three month compared with the S&P 500’s gain of 5.2%. The company possesses a Momentum Score of A.

Skyward Specialty Insurance Group, Inc. Price

Skyward Specialty Insurance Group, Inc. Price

Skyward Specialty Insurance Group, Inc. price | Skyward Specialty Insurance Group, Inc. Quote

 

See the full list of top ranked stocks here

 

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

Research Chief Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

DXP Enterprises, Inc. (DXPE) : Free Stock Analysis Report

Costamare Inc. (CMRE) : Free Stock Analysis Report

Skyward Specialty Insurance Group, Inc. (SKWD) : Free Stock Analysis Report

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Zacks Investment Research

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

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