HomeMost PopularTech StocksBest Momentum Stock to Buy for May 17th

Best Momentum Stock to Buy for May 17th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 17th:

Howmet Aerospace HWM: This company which engages in providing engineered solutions for customers in the transportation and aerospace (both defense and commercial) industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.

Howmet Aerospace Inc. Price and Consensus

Howmet Aerospace Inc. Price and Consensus

Howmet Aerospace Inc. price-consensus-chart | Howmet Aerospace Inc. Quote

Howmet Aerospace’s shares gained 31.5% over the last three month compared with the S&P 500’s gain of 6.8%. The company possesses a Momentum Score of B.

Howmet Aerospace Inc. Price

Howmet Aerospace Inc. Price

Howmet Aerospace Inc. price | Howmet Aerospace Inc. Quote

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, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13% 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’ shares gained 46.9% over the last three month compared with the S&P 500’s gain of 6.8%. The company possesses a Momentum Score of B.

DXP Enterprises, Inc. Price

DXP Enterprises, Inc. Price

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

Nelnet NNI: This educational finance companies which is focused on providing quality student loan products and services to students and schools nationwide, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.

Nelnet, Inc. Price and Consensus

Nelnet, Inc. Price and Consensus

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

Nelnet’s shares gained 22.2% over the last three month compared with the S&P 500’s gain of 6.8%. The company possesses a Momentum Score of B.

Nelnet, Inc. Price

Nelnet, Inc. Price

Nelnet, Inc. price | Nelnet, 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

Nelnet, Inc. (NNI) : Free Stock Analysis Report

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

Howmet Aerospace Inc. (HWM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

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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