Top Ranked Momentum Stocks to Buy for May 7th

AMP AME

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 7th:

AMETEK, Inc. (AME - Free Report) : This manufacturer and seller of electronic instruments and electromechanical devices has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

AMETEK, Inc. Price and Consensus

AMETEK’s shares gained 1.3% over the last one month against the S&P 500’s rise of 0.3%. The company possesses a Momentum Score of A.

AMETEK, Inc. Price

Aerojet Rocketdyne Holdings, Inc. : This manufacturer of aerospace and defense products and systems has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days.

Aerojet Rocketdyne Holdings, Inc. Price and Consensus

Aerojet Rocketdyne’s shares gained 9.4% over the last one month. The company possesses a Momentum Score of A.

Aerojet Rocketdyne Holdings, Inc. Price

Ameriprise Financial, Inc. (AMP - Free Report) : This provider of various financial products and services has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

Ameriprise Financial, Inc. Price and Consensus

Ameriprise’s shares gained 4.9% over the last one month. The company possesses a Momentum Score of B.

Ameriprise Financial, Inc. Price

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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