Best Momentum Stocks to Buy for May 12th

TAC HCI SOI

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 12th:

Solaris Oilfield Infrastructure, Inc. (SOI - Free Report) : This company that sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.2% over the last 60 days.

Solaris Oilfield Infrastructure, Inc. Price and Consensus

Solaris’ shares gained 44.9% over the last three months compared with the S&P 500’s decline of 9.5%. The company possesses a Momentum Score of B.

Solaris Oilfield Infrastructure, Inc. Price

TransAlta Corporation (TAC - Free Report) : This company which operates a diverse fleet of electrical power generation assets has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

TransAlta Corporation Price and Consensus

TransAlta’s shares gained 4% over the last three months compared with the S&P 500’s decline of 9.5%. The company possesses a Momentum Score of A.

TransAlta Corporation Price

HCI Group, Inc. (HCI - Free Report) : This property, casulty insurance, information technology and real estate company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.

HCI Group, Inc. Price and Consensus

HCI’s shares gained 2% over the last three months compared with the S&P 500’s decline of 9.5%. The company possesses a Momentum Score of A.

HCI Group, Inc. Price

 

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.

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 >>