Top Ranked Momentum Stocks to Buy for May 4th

BLMN MTDR PATK ONEW

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

Matador Resources Company (MTDR - Free Report) : This independent energy company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.8% over the last 60 days.

 

Matador Resources’ shares gained 10.4% over the last one month compared with the S&P 500’s growth of 3%. The company possesses a Momentum Score of A.

 

Bloomin' Brands, Inc. (BLMN - Free Report) : This company that owns and operates casual, upscale casual, and fine dining restaurants has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 55.8% over the last 60 days.

 

Bloomin' Brands’ shares gained 15.5% over the last one month. The company possesses a Momentum Score of A.

 

Patrick Industries, Inc. (PATK - Free Report) : This manufacturer and distributor of components, building products, and materials has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.1% over the last 60 days.

 

Patrick Industries’ shares gained 5.8% over the last one month. The company possesses a Momentum Score of A.

 

OneWater Marine Inc. (ONEW - Free Report) : This recreational boat retailer has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 21% over the last 60 days.

 

OneWater Marine’s shares gained 30.4% over the last one month. The company possesses a Momentum Score of B.

 

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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