Top Ranked Momentum Stocks to Buy for June 2nd

DDS CMI FL

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 1st:

Foot Locker, Inc. (FL - Free Report) : This athletic footwear and apparel retailer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.2% over the last 60 days.

 

Foot Locker’s shares gained 3.7% over the last one month compared with the S&P 500’s growth of 0.3%. The company possesses a Momentum Score of B.

 

Cummins Inc. (CMI - Free Report) : This company that designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.2% over the last 60 days.

 

Cummins’ shares gained 3.1% over the last one month. The company possesses a Momentum Score of B.

 

Veritiv Corporation : This business-to-business provider of value-added packaging products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 66.7% over the last 60 days.

 

Veritiv Corp’s shares gained 47% over the last one month. The company possesses a Momentum Score of B.

 

Dillard's, Inc. (DDS - Free Report) : This retail department stores  operator has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

Dillard's shares gained 27.6% over the last one month. 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.

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.

You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

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

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 >>