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Top Ranked Momentum Stocks to Buy for May 23rd

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 23rd:

McGrath RentCorp (MGRC - Free Report) : This business-to-business rental company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 5.2% over the last 60 days.

McGrath RentCorp’s shares gained 69.4% over the last one month higher than the S&P 500’s increase of 2%. The company possesses a Momentum Score of A.

Univest Corporation of Pennsylvania (UVSP - Free Report) : This bank holding company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

Univest Corporation of Pennsylvania’s shares gained 4% over the last one month. The company possesses a Momentum Score of A.

Ocwen Financial Corporation : This financial services holding company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 57.7% over the last 60 days.

Ocwen Financial’s shares gained 10.8% over the last one month. The company possesses a Momentum Score of A.

NVIDIA Corporation (NVDA - Free Report) : This visual computing company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.1% over the last 60 days.

NVIDIA’s shares gained 9.7% over the last one month. The company possesses a Momentum Score of A.

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

The Hottest Tech Mega-Trend of All

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See Zacks' 3 Best Stocks to Play This Trend >>




In-Depth Zacks Research for the Tickers Above


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Univest Corporation of Pennsylvania (UVSP) - free report >>

NVIDIA Corporation (NVDA) - free report >>

McGrath RentCorp (MGRC) - free report >>


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