⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

Top Ranked Momentum Stocks To Buy For May 4th

Published 05/03/2017, 10:46 PM
Updated 07/09/2023, 06:31 AM
CAT
-
UNH
-

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 4th:

Pilgrim's Pride Corporation (PPC): This major chicken company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

Pilgrim's Pride’s shares gained 30.3% over the last three months higher than S&P 500’s gains of 4%. The company possesses a Momentum Score of A.

UnitedHealth Group Incorporated (NYSE:UNH) (UNH): This diversified health companyhas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 3.1% over the last 60 days.

UnitedHealth Group’s shares gained 6.6% over the last three months. The company possesses a Momentum Score of A.

Caterpillar Inc (NYSE:CAT). (CAT): This manufacturer of construction and mining equipmenthas a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days.

Caterpillar’s shares gained 8.8% over the last three months. The company possesses a Momentum Score of A.

Nanometrics Incorporated (NANO): This process control metrology and inspection systems provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 2.5% over the last 60 days.

Nanometrics’ shares gained 4.5% over the last three months. 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

5 Trades Could Profit "Big-League" from Trump Policies

If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.

Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>



UnitedHealth Group Incorporated (UNH): Free Stock Analysis Report

Pilgrim's Pride Corporation (PPC): Free Stock Analysis Report

Nanometrics Incorporated (NANO): Free Stock Analysis Report

Caterpillar, Inc. (CAT): Free Stock Analysis Report

Original post

Zacks Investment Research

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.