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Best Momentum Stocks to Buy for May 6th

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

Root, Inc. (ROOT - Free Report) : This insurance products and services company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.3% over the last 60 days.

Root, Inc. Price and Consensus

Root, Inc. Price and Consensus

Root, Inc. price-consensus-chart | Root, Inc. Quote

Root’s shares gained 665.9% over the last three months compared with the S&P 500’s advance of 3%. The company possesses a Momentum Score  of A.

Super Micro Computer, Inc. (SMCI - Free Report) : This server and storage solutions business has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Super Micro Computer’s shares gained 14.5% over the last three months compared with the S&P 500’s advance of 3%. The company possesses a Momentum Score of A.

Pilgrim's Pride Corporation (PPC - Free Report) : This producer of fresh and frozen meat products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days.

Pilgrim's Pride’s shares gained 33.7% over the last three months compared with the S&P 500’s advance of 3%. 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.


See More Zacks Research for These Tickers


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Pilgrim's Pride Corporation (PPC) - free report >>

Super Micro Computer, Inc. (SMCI) - free report >>

Root, Inc. (ROOT) - free report >>

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