Best Momentum Stock to Buy for May 16th

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

Navios Maritime Partners NMM: This company which is an international owner and operator of dry cargo vessels, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

Navios Maritime Partners LP Price and Consensus

Navios Maritime Partners LP Price and Consensus

Navios Maritime Partners LP price-consensus-chart | Navios Maritime Partners LP Quote

Navios Maritime Partners’ shares gained 43.8% over the last three month compared with the S&P 500’s gain of 6.9%. The company possesses a Momentum Score of A.

Navios Maritime Partners LP Price

Navios Maritime Partners LP Price

Navios Maritime Partners LP price | Navios Maritime Partners LP 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 yearearnings 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 27.1% over the last three month compared with the S&P 500’s gain of 6.9%. The company possesses a Momentum Score of A.

Costamare Inc. Price

Costamare Inc. Price

Costamare Inc. price | Costamare Inc. Quote

MINISO Group Holding Limited MNSO: This retailer which offers design-led lifestyle products in Guangzhou, China, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.5% over the last 60 days.

MINISO Group Holding Limited Unsponsored ADR Price and Consensus

MINISO Group Holding Limited Unsponsored ADR Price and Consensus

MINISO Group Holding Limited Unsponsored ADR price-consensus-chart | MINISO Group Holding Limited Unsponsored ADR Quote

MINISO Group Holding Limited’s shares gained 38.4% over the last three month compared with the S&P 500’s gain of 6.9%. The company possesses a Momentum Score of A.

MINISO Group Holding Limited Unsponsored ADR Price

MINISO Group Holding Limited Unsponsored ADR Price

MINISO Group Holding Limited Unsponsored ADR price | MINISO Group Holding Limited Unsponsored ADR 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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Costamare Inc. (CMRE) : Free Stock Analysis Report

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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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