Top Ranked Momentum Stocks to Buy for May 2nd

CALM WEX PTC

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 2nd:

WEX Inc. (WEX - Free Report) : This corporate card payment solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 1.3% over the last 60 days.

WEX Inc. Price and Consensus

WEX’s shares gained 49.2% over the last one month more than S&P 500’s gain of 8%. The company possesses a Momentum Score of A.

WEX Inc. Price

PTC Inc. (PTC - Free Report) : This developer of software products and solutions has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

PTC Inc. Price and Consensus

PTC’s shares gained 44.1% over the last one month. The company possesses a Momentum Score of B.

PTC Inc. Price

Cal-Maine Foods, Inc. (CALM - Free Report) : This distributor of shell eggs has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings advancing 36.6% over the last 60 days.

Cal-Maine Foods, Inc. Price and Consensus

Cal-Maine’s shares gained 32.4% over the last one month. The company possesses a Momentum Score of A.

Cal-Maine Foods, 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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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 >>