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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.


In-Depth Zacks Research for the Tickers Above


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 >>