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Best Momentum Stocks to Buy for May 12th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 12:

Albemarle Corporation (ALB - Free Report) : This engineered specialty chemicals company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.

Albemarle’s shares gained 26.2% over the last three months compared with the S&P 500’s advance of 8.4%. The company possesses a Momentum Score  of A.

Albemarle Corporation Price

Albemarle Corporation Price

Albemarle Corporation price | Albemarle Corporation Quote

APA Corporation (APA - Free Report) : This independent energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 195.6% over the last 60 days.

APA’s shares gained 31.4% over the last three months compared with the S&P 500’s advance of 8.4%. The company possesses a Momentum Score of A.

Diodes Incorporated (DIOD - Free Report) : This developer of semiconductor products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.9% over the last 60 days.

Diodes’ shares gained 57.5% over the last three months compared with the S&P 500’s advance of 8.4%. The company possesses a Momentum Score of A.

 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

 

Learn more about the Momentum score and how it is calculated here.

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