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Best Momentum Stock to Buy for May 1st

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

Carpenter Technology (CRS - Free Report) : This company which is a producer and distributor of premium specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels as well as drilling tools, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

Carpenter Technology’s shares gained 2.5% over the last three month compared with the S&P 500’s decline of 7.2%. The company possesses a Momentum Score of A.

First Savings Financial Group (FSFG - Free Report) : This bank holding company which provides various banking services to individuals and business customers in southern Indiana, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days.

First Savings Financial Group’s shares gained 14% over the last three month compared with the S&P 500’s decline of 7.1%. The company possesses a Momentum Score of A.

Banco De Chile (BCH - Free Report) : This commercial banking company in Chile which provides general banking services to a diverse customer base that includes large corporations, small and mid-sized businesses and individuals, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Banco De Chile’s shares gained 26.8% over the last three month compared with the S&P 500’s decline of 7.2%. 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.


See More Zacks Research for These Tickers


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Carpenter Technology Corporation (CRS) - free report >>

Banco De Chile (BCH) - free report >>

First Savings Financial Group, Inc. (FSFG) - free report >>

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