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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 7th:
Western Digital (WDC - Free Report) : This company, which is a leading developer and manufacturer of data storage devices and solutions based on NAND flash and hard disk drive technologies, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.
Constellium (CSTM - Free Report) :This company, which develops innovative, value-added aluminum products for aerospace, automotive and packaging markets and applications, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 39% over the last 60 days.
ON Semiconductor (ON - Free Report) : This company, which offers intelligent power and intelligent sensing solutions with a focus on automotive and industrial markets, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.5% over the last 60 days.
ON Semiconductor’s shares gained 62.5% over the last three month compared with the S&P 500’s gain of 5.8%. The company possesses a Momentum Score of A.
View the Zacks #1 Rank List
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Best Momentum Stock to Buy for May 7th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 7th:
Western Digital (WDC - Free Report) : This company, which is a leading developer and manufacturer of data storage devices and solutions based on NAND flash and hard disk drive technologies, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.
Western Digital Corporation Price and Consensus
Western Digital Corporation price-consensus-chart | Western Digital Corporation Quote
Western Digital's shares gained 69% over the last three month compared with the S&P 500’s gain of 5.8%. The company possesses a Momentum Score of A.
Western Digital Corporation Price
Western Digital Corporation price | Western Digital Corporation Quote
Constellium (CSTM - Free Report) :This company, which develops innovative, value-added aluminum products for aerospace, automotive and packaging markets and applications, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 39% over the last 60 days.
Constellium SE Price and Consensus
Constellium SE price-consensus-chart | Constellium SE Quote
Constellium’s shares gained 34.9% over the last three month compared with the S&P 500’s gain of 5.8%. The company possesses a Momentum Score of A.
Constellium SE Price
Constellium SE price | Constellium SE Quote
ON Semiconductor (ON - Free Report) : This company, which offers intelligent power and intelligent sensing solutions with a focus on automotive and industrial markets, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.5% over the last 60 days.
ON Semiconductor Corporation Price and Consensus
ON Semiconductor Corporation price-consensus-chart | ON Semiconductor Corporation Quote
ON Semiconductor’s shares gained 62.5% over the last three month compared with the S&P 500’s gain of 5.8%. The company possesses a Momentum Score of A.
ON Semiconductor Corporation Price
ON Semiconductor Corporation price | ON Semiconductor Corporation Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.