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Best Momentum Stocks to Buy for May 6th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 6th:

Root, Inc. (ROOT - Free Report) : This insurance products and services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.3% over the last 60 days.

Root, Inc. Price and Consensus

Root, Inc. Price and Consensus

Root, Inc. price-consensus-chart | Root, Inc. Quote

Root’s shares gained 665.9% over the last three months compared with the S&P 500’s advance of 3%. The company possesses a Momentum Score  of A.

Super Micro Computer, Inc. (SMCI - Free Report) : This server and storage solutions business has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Super Micro Computer’s shares gained 14.5% over the last three months compared with the S&P 500’s advance of 3%. The company possesses a Momentum Score of A.

Pilgrim's Pride Corporation (PPC - Free Report) : This producer of fresh and frozen meat products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days.

Pilgrim's Pride’s shares gained 33.7% over the last three months compared with the S&P 500’s advance of 3%. 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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