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Best Momentum Stock to Buy for May 5th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 5th:

Indivior Pharmaceuticals Inc. (INDV - Free Report) : This specialty pharmaceutical company, which is engaged in discovering and developing medications and treatment for alcohol addiction, opioid overdose, cocaine intoxication and co-occurring conditions, such as schizophrenia, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.

Indivior Pharmaceuticals' shares gained 13.5% over the last three month compared with the S&P 500’s gain of 4%. The company possesses a Momentum Score of A.

nVent Electric (NVT - Free Report) : This company, which is a provider of electrical connection and protection solutions which design, manufacture, market, install and service that connect and protect equipment, buildings and critical processes, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.

nVent Electric’s shares gained 44.6% over the last three month compared with the S&P 500’s gain of 4%. The company possesses a Momentum Score of A.

Avnet (AVT - Free Report) : This company, which is one of the world’s largest distributors of electronic components and computer products, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Avnet, Inc. Price and Consensus

Avnet, Inc. Price and Consensus

Avnet, Inc. price-consensus-chart | Avnet, Inc. Quote

Avnet’s shares gained 21.4% over the last three month compared with the S&P 500’s gain of 4%. 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.

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