Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for May 11th

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 11th:

Fox Factory Holding Corp. (FOXF - Free Report) : This designer, manufacturer and marketer of suspension productshasa Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.6% over the last 60 days.

 

Fox Factory’s shares gained 15.8% over the last one month compared to S&P 500’s rise of 2.7%. The company possesses a Momentum Score of A.

 

Red Rock Resorts, Inc. (RRR - Free Report) : This company that through its interest in Station Holdco and Station LLC, engages in the casino, gaming, and entertainment businesses has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 60.7% over the last 60 days.

 

Red Rock Resorts’ shares gained 13.9% over the last one month. The company possesses a Momentum Score of A.

 

Vista Outdoor Inc. (VSTO - Free Report) : This company that develops, manufactures and distribute optics, accessories and eyewear has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.6% over the last 60 days.

 

Vista Outdoor’s shares gained 9.2% over the last one month. The company possesses a Momentum Score of A.

 

Tenaris S.A. (TS - Free Report) : This company that through its subsidiaries, produces and sells seamless and welded steel tubular productshas a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 74.5% over the last 60 days.

 

Tenaris S.A. Price and Consensus

Tenaris S.A. Price and Consensus

Tenaris S.A. price-consensus-chart | Tenaris S.A. Quote

 

Tenaris’ shares gained 8% over the last one month. 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.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

See 3 crypto-related stocks now >>

Published in