Top Ranked Momentum Stocks to Buy for May 4th

CAT UNH PPC

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 4th:

Pilgrim's Pride Corporation (PPC - Free Report) : This major chicken company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

Pilgrim's Pride’s shares gained 30.3% over the last three months higher than S&P 500’s gains of 4%. The company possesses a Momentum Score of A.

UnitedHealth Group Incorporated (UNH - Free Report) : This diversified health companyhas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 3.1% over the last 60 days.

UnitedHealth Group’s shares gained 6.6% over the last three months. The company possesses a Momentum Score of A.

Caterpillar Inc. (CAT - Free Report) : This manufacturer of construction and mining equipmenthas a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days.

Caterpillar’s shares gained 8.8% over the last three months. The company possesses a Momentum Score of A.

Nanometrics Incorporated : This process control metrology and inspection systems provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 2.5% over the last 60 days.

Nanometrics’ shares gained 4.5% over the last three months. 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

5 Trades Could Profit "Big-League" from Trump Policies

If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.

Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>