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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.
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.
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.
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.
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
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Top Ranked Momentum Stocks to Buy for May 5th
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, Inc. Price and Consensus
Applied Optoelectronics, Inc. Price and Consensus | Applied Optoelectronics, Inc. Quote
Applied Optoelectronics’ shares gained 43.6% in the last three months. The company possesses a Momentum Score of B.
Applied Optoelectronics, Inc. Price
Applied Optoelectronics, Inc. Price | Applied Optoelectronics, Inc. Quote
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, Inc. Price and Consensus
CAI International, Inc. Price and Consensus | CAI International, Inc. Quote
CAI International’s shares gained 24.3% over the last three months. The company possesses a Momentum Score of A.
CAI International, Inc. Price
CAI International, Inc. Price | CAI International, Inc. Quote
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.
HDFC Bank Limited Price
HDFC Bank Limited Price | HDFC Bank Limited Quote
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 Corporation Price and Consensus
Louisiana-Pacific Corporation Price and Consensus | Louisiana-Pacific Corporation Quote
Louisiana-Pacific’s shares gained 26.7% over the last three months. The company possesses a Momentum Score of A.
Louisiana-Pacific Corporation Price
Louisiana-Pacific Corporation Price | Louisiana-Pacific Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>