Here are three stocks with buy rank and strong momentum characteristics for investors to consider on May 17th:
Howmet Aerospace HWM: This company, engaged in providing engineered solutions for customers in the transportation and aerospace industries, has a Zacks Rank #1(Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing by 10.1% over the last 60 days.
Howmet Aerospace Inc. Performance Overview
Howmet Aerospace Inc. price-consensus-chart | Howmet Aerospace Inc. Quote
Howmet Aerospace’s shares surged by 31.5% over the last three months, outperforming the S&P 500’s gain of 6.8%. The company’s Momentum Score stands strong at B.
Howmet Aerospace Inc. Recent Pricing Trends
Howmet Aerospace Inc. price | Howmet Aerospace Inc. Quote
DXP Enterprises DXPE: This leading products and service distributor, providing value and cost-saving solutions to industrial customers, has a Zacks Rank #1. The Zacks Consensus Estimate for its current year earnings saw a substantial 13% increase over the last 60 days.
DXP Enterprises, Inc. Performance Overview
DXP Enterprises, Inc. price-consensus-chart | DXP Enterprises, Inc. Quote
DXP Enterprises’ shares spiked by 46.9% over the last three months, surpassing the S&P 500’s gain of 6.8%. With a solid Momentum Score of B, the company continues to impress investors.
DXP Enterprises, Inc. Recent Pricing Trends
DXP Enterprises, Inc. price | DXP Enterprises, Inc. Quote
Nelnet NNI: This educational finance company, focusing on quality student loan products and services, has a Zacks Rank #1. Its Zacks Consensus Estimate for current year earnings surged by 15.4% over the last 60 days.
Nelnet, Inc. Performance Overview
Nelnet, Inc. price-consensus-chart | Nelnet, Inc. Quote
Nelnet’s shares climbed by 22.2% over the last three months, exceeding the S&P 500’s gain of 6.8%. Backed by a Momentum Score of B, Nelnet remains a favorable choice among investors.
Nelnet, Inc. Recent Pricing Trends
Nelnet, Inc. price | Nelnet, Inc. Quote
Check out the full list of top-ranked stocks here
Enhance your understanding of the Momentum score and its calculation here.
Research Chief Names “Single Best Pick to Double”
From thousands of stocks, 5 Zacks experts have chosen their favorite to potentially double in value. Director of Research Sheraz Mian selects one with the highest explosive upside potential.
Targeting millennial and Gen Z audiences, this company raked in nearly $1 billion in revenue last quarter alone. A recent dip makes now an opportune moment to seize the opportunity. While not all picks are winners, this one could outshine previous Zacks’ Stocks Set to Double like Nano-X Imaging, which saw a remarkable increase of +129.6% in just over 9 months.
Free: See Our Top Stock And 4 Runners Up
Nelnet, Inc. (NNI) : Free Stock Analysis Report
DXP Enterprises, Inc. (DXPE) : Free Stock Analysis Report
Howmet Aerospace Inc. (HWM) : Free Stock Analysis Report