Back to top

Image: Bigstock

Top Ranked Momentum Stocks to Buy for May 3rd

Read MoreHide Full Article

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 3rd:

Popular, Inc. (BPOP - Free Report) : This retail, mortgage and commercial banking products and services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.7% over the last 60 days.

Popular's shares gained 7.8% over the last one month more than S&P 500’s gain of 1.5%. The company possesses a Momentum Score of A.

Arconic Inc. (ARNC - Free Report) : This lightweight metals manufacturer has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Arconic's shares gained 11.9% over the last one month more than S&P 500’s gain of 3.6%. The company possesses a Momentum Score of A.

The Estée Lauder Companies Inc. (EL - Free Report) : This manufacturer and marketer of skin care, makeup, fragrance and hair care products has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1% over the last 60 days.

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

Business First Bancshares, Inc. (BFST - Free Report) : This bank holding company for Business First Bank has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.

Business First's shares gained 4.4% 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.

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>