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Best Momentum Stocks to Buy for May 24th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 24th:

ProPhase Labs (PRPH - Free Report) : Thisnatural health care pharmaceuticals and nutriceuticals company which is a manufacturer, marketer and distributor of a diversified range of homeopathic and health products that are offered to the general public, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 103.7% over the last 60 days.

ProPhase Labs’s shares gained 34.0% over the last three months compared with the S&P 500’s decline of 7.6%. The company possesses a Momentum  Score of A.

Golden Ocean Group (GOGL - Free Report) : This shipping company which is engaged in the transportation of dry bulk cargoes, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 56.4% over the last 60 days.

Golden Ocean Group’s shares gained 39.2% over the last three months compared with the S&P 500’s decline of 7.6%. The company possesses a Momentum Score of A.

Enerplus (ERF - Free Report) ): This Alberta, Canada based independent oil and gas production company with resources across Western Canada and the United States, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 22.7% over the last 60 days.

Enerplus’s shares gained 9.9% over the last three months compared with the S&P 500’s decline of 7.6%. 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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Enerplus Corporation (ERF) - free report >>

Golden Ocean Group Limited (GOGL) - free report >>

ProPhase Labs, Inc. (PRPH) - free report >>

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