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Top Ranked Momentum Stocks to Buy for May 1st

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 1st:              

First Internet Bancorp (INBK - Free Report) : This bank holding company for First Internet Bank of Indiana has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.3% over the last 60 days.

First Internet's shares gained 10.7% over the last one month more than S&P 500’s gain of 2.7%. The company possesses a Momentum Score of A.

Insmed Incorporated (INSM - Free Report) : This global biopharmaceutical company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Insmed's shares gained 4.6% over the last one month more than S&P 500’s gain of 3.6%. The company possesses a Momentum Score of B.

Newtek Business Services Corp. (NEWT - Free Report) : This business development company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.

Newtek Business Services' shares gained 6% over the last one month more than S&P 500’s gain of 3.6%. The company possesses a Momentum Score of A.

Prologis, Inc. (PLD - Free Report) : This global leader in logistics real estate has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

Prologis' shares gained 6.2% over the last one month more than S&P 500’s gain of 3.6%. 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.

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