Market News

Best Momentum Stock to Buy for May 6th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 6th:

Advanced Micro Devices AMD: This company, which has strengthened its position in the semiconductor market on the back of its strong product portfolio, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

Advanced Micro Devices, Inc. Price and Consensus

Advanced Micro Devices, Inc. Price and Consensus

Advanced Micro Devices, Inc. price-consensus-chart | Advanced Micro Devices, Inc. Quote

Advanced Micro Devices’ shares gained 70.4% over the last three month compared with the S&P 500’s gain of 4.8%. The company possesses a Momentum Score of A.

Advanced Micro Devices, Inc. Price

Advanced Micro Devices, Inc. Price

Advanced Micro Devices, Inc. price | Advanced Micro Devices, Inc. Quote

inTest INTT: This company, which is an independent designer, manufacturer and marketer of ATE interface solutions and temperature management products, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 104.6% over the last 60 days.

inTest Corporation Price and Consensus

inTest Corporation Price and Consensus

inTest Corporation price-consensus-chart | inTest Corporation Quote

inTest’s shares gained 63.8% over the last three month compared with the S&P 500’s gain of 4.8%. The company possesses a Momentum Score of A.

inTest Corporation Price

inTest Corporation Price

inTest Corporation price | inTest Corporation Quote

A10 Networks ATEN: This company, which provides software-based application networking solutions, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

See also  Electric Vehicles Thrive: A Deep Dive into May's Market Movers Electric Vehicles Thrive: A Deep Dive into May's Market Movers

A10 Networks, Inc. Price and Consensus

A10 Networks, Inc. Price and Consensus

A10 Networks, Inc. price-consensus-chart | A10 Networks, Inc. Quote

A10 Networks’s shares gained 38.3% over the last three month compared with the S&P 500’s gain of 4.8%. The company possesses a Momentum Score of A.

A10 Networks, Inc. Price

A10 Networks, Inc. Price

A10 Networks, Inc. price | A10 Networks, Inc. Quote

 

See the full list of top ranked stocks here

 

Learn more about the Momentum score and how it is calculated here.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. 

See them now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report

inTest Corporation (INTT) : Free Stock Analysis Report

A10 Networks, Inc. (ATEN) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.