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Top Ranked Momentum Stocks to Buy for May 8th

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Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 8th:

Sony Corporation : The electronics company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.

Sony Corp Ord Price and Consensus

Sony Corp Ord Price and Consensus | Sony Corp Ord Quote

Sony’s shares gained 8.3% over the last three months higher than S&P 500’s gains of 4.6%. The company possesses a Momentum Score of A.

Selective Insurance Group, Inc. (SIGI - Free Report) : This insurance provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 5% over the last 60 days.

Selective Insurance Group’s shares gained 16.3% over the last three months. The company possesses a Momentum Score of A.

Mettler-Toledo International Inc. (MTD - Free Report) : This manufacturer of precision instrumentshas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

Mettler-Toledo International’s shares gained 17.5% over the last three months. The company possesses a Momentum Score of A.

Boise Cascade Company(BCC - Free Report) : This wood products manufacturer has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 18.9% over the last 60 days.

Boise Cascade’s shares gained 17.2% 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

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


See More Zacks Research for These Tickers


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Selective Insurance Group, Inc. (SIGI) - free report >>

Mettler-Toledo International, Inc. (MTD) - free report >>

Boise Cascade, L.L.C. (BCC) - free report >>