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Best Momentum Stocks to Buy for May 17th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 17th:

TransAlta Corporation (TAC - Free Report) : This company which operates a diverse fleet of electrical power generation assets has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

TransAlta Corporation Price and Consensus

TransAlta’s shares gained 5.7% over the last three months compared with the S&P 500’s decline of 8.4%. The company possesses a Momentum Score of A.

TransAlta Corporation Price

Enterprise Products Partners L.P. (EPD - Free Report) : This mid-stream energy services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.

Enterprise Products Partners L.P. Price and Consensus

Enterprise Products’ shares gained 11.3% over the last three months compared with the S&P 500’s decline of 8.4%. The company possesses a Momentum Score of B.

Enterprise Products Partners L.P. Price

Profire Energy, Inc. (PFIE - Free Report) : This provider of burner and combustion management systems and solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.

Profire Energy, Inc. Price and Consensus

Profire’s shares gained 22% over the last three months compared with the S&P 500’s decline of 8.4%. The company possesses a Momentum Score of A.

Profire Energy, Inc. Price

 

See the full list of top ranked stocks here

 

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


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Enterprise Products Partners L.P. (EPD) - free report >>

TransAlta Corporation (TAC) - free report >>

Profire Energy, Inc. (PFIE) - free report >>

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