Top Ranked Momentum Stocks to Buy for May 18th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 18th:
Quidel Corporation (QDEL): This manufacturer of diagnostic testing solutions has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
Quidel Corporation Price and Consensus
Quidel Corporation price-consensus-chart | Quidel Corporation Quote
Quidel’s shares gained 72.2% over the last one month above the S&P 500’s loss of 0.4%. The company possesses a Momentum Score of A.
Quidel Corporation Price
Quidel Corporation price | Quidel Corporation Quote
Energous Corporation (WATT): This provider of wire-free charging solutions has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.
Energous Corporation Price and Consensus
Energous Corporation price-consensus-chart | Energous Corporation Quote
Energous’ shares gained 90.3% over the last one month. The company possesses a Momentum Score of A.
Energous Corporation Price
Energous Corporation price | Energous Corporation Quote
Gulfport Energy Corporation (GPOR): This producer of natural gas and crude oil has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.4% over the last 60 days.
Gulfport Energy Corporation Price and Consensus
Gulfport Energy Corporation price-consensus-chart | Gulfport Energy Corporation Quote
Gulfport Energy’s shares gained more than% over the last one month. The company possesses a Momentum Score of A.
Gulfport Energy Corporation Price
Gulfport Energy Corporation price | Gulfport Energy Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
See their latest picks free >>
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
Energous Corporation (WATT) : Free Stock Analysis Report
Quidel Corporation (QDEL) : Free Stock Analysis Report
Gulfport Energy Corporation (GPOR) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research