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Top Ranked Momentum Stocks to Buy for May 5th

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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong momentum characteristics for investors to consider today, May 5th:

Applied Optoelectronics, Inc. (AAOI - Free Report) : This manufacturer and designer of optical devices has seen the Zacks Consensus Estimate for its current year earnings climbing 76.4% over the last 60 days.

Applied Optoelectronics’ shares gained 43.6% in the last three months. The company possesses a Momentum Score of B.

CAI International, Inc. : This transportation finance and logistics company has seen the Zacks Consensus Estimate for its current year earnings advancing 26.6% over the last 60 days.

CAI International’s shares gained 24.3% over the last three months. The company possesses a Momentum Score of A.

HDFC Bank Limited (HDB - Free Report) : This bank has witnessed the Zacks Consensus Estimate for its current year earnings rising 4% over the last 60 days.

HDFC Bank Limited Price and Consensus

 

HDFC Bank Limited Price and Consensus | HDFC Bank Limited Quote

HDFC Bank’s shares gained 14.4% over the last three months. The company possesses a Momentum Score of B.

Louisiana-Pacific Corporation (LPX - Free Report) : This manufacturer of building products has witnessed the Zacks Consensus Estimate for its current year earnings rising 6.6% over the last 60 days.

Louisiana-Pacific’s shares gained 26.7% over the last three months. The company possesses a Momentum Score of A.

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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See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


HDFC Bank Limited (HDB) - free report >>

Louisiana-Pacific Corporation (LPX) - free report >>

Applied Optoelectronics, Inc. (AAOI) - free report >>