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Best Momentum Stock to Buy for May 16th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 16th:

Northrim BanCorp (NRIM - Free Report) : This full-service commercial bank that provides a full range of personal and business banking services, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.

Northrim BanCorp’s shares gained 12.3% over the last three month compared with the S&P 500’s decline of 3.2%. The company possesses a Momentum Score of A.

Nelnet (NNI - Free Report) : This educational finance company which is focused on providing quality student loan products and services to students and schools nationwide, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.7% over the last 60 days.

Nelnet’s shares gained 11.3% over the last three month compared with the S&P 500’s decline of 3.2%. The company possesses a Momentum Score of A.

Aris Mining Corporation (ARMN - Free Report) : This company which is gold producer principally in the Americas, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 22% over the last 60 days.

Aris Mining Corporation’s shares gained 45.6% over the last three month compared with the S&P 500’s decline of 3.2%. The company possesses a Momentum Score of B.

 

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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Nelnet, Inc. (NNI) - free report >>

Northrim BanCorp Inc (NRIM) - free report >>

Aris Mining Corporation (ARMN) - free report >>

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