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Best Momentum Stocks to Buy for May 22nd
Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, May 22nd:
Fortis Inc. (FTS - Free Report) : This Canadian electric and gas utility company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.
Fortis Price and Consensus
Fortis price-consensus-chart | Fortis Quote
Fortis’ shares gained 9.5% over the last three months compared with the S&P 500’s decline of 1%. The company possesses a Momentum Score of A.
Fortis Price
Fortis price | Fortis Quote
MGIC Investment Corporation (MTG - Free Report) : This mortgage insurance company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% overthe last 60 days.
MGIC Investment Corporation Price and Consensus
MGIC Investment Corporation price-consensus-chart | MGIC Investment Corporation Quote
MGIC’s shares gained 8.9% over the last three months compared with the S&P 500’s decline of 1%. The company possesses a Momentum Score of B.
MGIC Investment Corporation Price
MGIC Investment Corporation price | MGIC Investment Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.