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Top Ranked Momentum Stocks to Buy for May 16th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 16th:         

Materion Corporation (MTRN - Free Report) : This advanced engineered materials manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

Materion’s shares gained 13.5% over the last one month more than S&P 500’s decline of 0.8%. The company possesses a Momentum Score of B.

Roper Technologies, Inc. (ROP - Free Report) : This developer of software and engineered products and solutions has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.

Roper Technologies’ shares gained 3% over the last one month. The company possesses a Momentum Score of B.

Identiv, Inc. (INVE - Free Report) : This security technology company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 66.7% over the last 60 days.

Identiv's shares gained 2.8% over the last one month. The company possesses a Momentum Score of B.

PayPal Holdings, Inc. (PYPL - Free Report) : This technology platform and digital payments company has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.

PayPal's shares gained 5.8% over the last one month. 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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