Back to top

Top Ranked Momentum Stocks to Buy for June 1st

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, June 1st:

LPL Financial Holdings Inc. (LPLA - Free Report) : This brokerage and investment advisory firm has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings jumping 26.2% over the last 60 days.

LPL Financial Holdings’ shares gained 13.2% over the last one month higher than the S&P 500’s increase of 1.9%. The company possesses a Momentum Score of A.

Hi-Crush Partners LP (HCLP - Free Report) : This logistics solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 16.3% over the last 60 days.

Hi-Crush Partners’ shares gained 7.9% over the last one month. The company possesses a Momentum Score of A.

BP Midstream Partners LP (BPMP - Free Report) : This master limited partnership has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings jumping 9.7% over the last 60 days.

BP Midstream Partners’ shares gained 12.4% over the last one month. The company possesses a Momentum Score of A.

Mountain Province Diamonds Inc. (MPVD - Free Report) : This diamond exploration company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 44.4% over the last 60 days.

Mountain Province Diamonds’ shares gained 6.3% 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.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>



More from Zacks Zacks #1 Rank Additions

You May Like