Best Momentum Stocks to Buy for May 16th

DDS BBSI PANL

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 16th:

Barrett Business Services, Inc. (BBSI - Free Report) : This provider of business management solutions to small and mid-sized companies has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.9% over the last 60 days.

Barrett Business Services, Inc. Price and Consensus

Barrett’ shares gained 22.4% over the last three months compared with the S&P 500’s decline of 10.4%. The company possesses a Momentum Score of B.

Barrett Business Services, Inc. Price

Dillard's, Inc. (DDS - Free Report) : This large fashion retailing company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days.

Dillard's, Inc. Price and Consensus

Dillard’s shares gained 27.9% over the last three months compared with the S&P 500’s decline of 10.4%. The company possesses a Momentum Score of A.

Dillard's, Inc. Price

Pangaea Logistics Solutions, Ltd. (PANL - Free Report) : This seaborne dry-bulk transportation services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 53.2% over the last 60 days.

Pangaea Logistics Solutions Ltd. Price and Consensus

Pangaea’s shares gained 10.9% over the last three months compared with the S&P 500’s decline of 10.4%. The company possesses a Momentum Score of B.

Pangaea Logistics Solutions Ltd. 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 >>