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Top Ranked Momentum Stocks to Buy for May 5th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 5th:

Eagle Bulk Shipping Inc. : This company that engages in the ocean transportation of dry bulk cargoes has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

 

Eagle Bulk Shipping’s shares gained 30.8% over the last one month compared to S&P 500’s rise of 2.3%. The company possesses a Momentum Score of A.

 

Great Western Bancorp, Inc. : This bank holding company for Great Western Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.5% over the last 60 days.

 

Great Western Bancorp’s shares gained 9.2% over the last one month. The company possesses a Momentum Score of B.

 

Hanmi Financial Corporation (HAFC - Free Report) : This holding company for Hanmi Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.6% over the last 60 days.

 

Hanmi Financial’s shares gained 6.8% over the last one month. The company possesses a Momentum Score of A.

 

Huntsman Corporation (HUN - Free Report) : This company that manufactures and sells differentiated organic chemical products carries a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.

 

Huntsman’s shares gained 6.1% over the last one month. The company possesses a Momentum Score of B.

 

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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