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Top Ranked Momentum Stocks to Buy for May 31st

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 31st:

PLDT Inc. (PHI - Free Report) : This telecommunications company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.7% over the last 60 days.

PLDT Inc. Price and Consensus

PLDT Inc. Price and Consensus

PLDT Inc. price-consensus-chart | PLDT Inc. Quote

PLDT’s shares gained 7.1% over the last one month more than S&P 500’s decline of 5.8%. The company possesses a Momentum Score of A.

Mercantil Bank Holding Corporation (AMTB - Free Report) : This bank holding company for Amerant Bank has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

Mercantil Bank’s shares gained 3.3% over the last one month. The company possesses a Momentum Score of B.

Leidos Holdings, Inc. (LDOS - Free Report) : This services and solutions provider in the defense, intelligence, civil and health markets has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.

Leidos' shares gained 2.4% over the last one month. The company possesses a Momentum Score of B.

NGL Energy Partners LP (NGL - Free Report) : This company that engages in crude oil logistics, water solutions, liquids, retail propane and refined products and renewables businesses has a Zacks Rank #2 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 93.5% over the last 60 days.

NGL Energy’sshares gained 2.7% over the last one month. The company possesses a Momentum Score of A.

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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