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Top Ranked Momentum Stocks to Buy for May 16th

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

Axon Enterprise, Inc. : This manufacturer of conducted electrical weapons has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 52.6% over the last 60 days.

Axon Enterprise, Inc Price and Consensus

Axon’s shares gained 26.9% over the last one month more than S&P 500’s gain of 1.3%. The company possesses a Momentum Score of A.

Axon Enterprise, Inc Price

Asbury Automotive Group, Inc. (ABG - Free Report) : This automotive retailer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.2% over the last 60 days.

Asbury Automotive Group, Inc. Price and Consensus

Asbury Automotive’s shares gained 2.8% over the last one month. The company possesses a Momentum Score of B.

Asbury Automotive Group, Inc. Price

Boise Cascade Company (BCC - Free Report) : This manufacturer of wood products has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 30% over the last 60 days.

Boise Cascade, L.L.C. Price and Consensus

Boise Cascade’s shares gained 3.4% over the last one month. The company possesses a Momentum Score of B.

Boise Cascade, L.L.C. Price

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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