Back to top

Image: Bigstock

Best Momentum Stocks to Buy for May 23rd

Read MoreHide Full Article

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 23rd:

Devon Energy (DVN - Free Report) : This independent energy company engaged primarily in the exploration, development and production of oil and natural gas., has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 33% over the last 60 days.

Devon Energy’s shares gained 34.8% over the last three months compared with the S&P 500’s decline of 9.3%. The company possesses a Momentum  Score of A

Marathon Oil (MRO - Free Report) : This Texas-based Oil Corporation is a leading oil and natural gas exploration and production (‘E&P’) company with operations in the United States and Africa, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 58.3% over the last 60 days.

Marathon Oil’s shares gained 27.5% over the last three months compared with the S&P 500’s decline of 9.3%. The company possesses a Momentum Score of A.

Brigham Minerals : This mineral acquisition company which is focused on acquiring oil and gas mineral rights in unconventional, shale plays throughout the United States, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.5% over the last 60 days.

Brigham Minerals’s shares gained 27.6% over the last three months compared with the S&P 500’s decline of 9.3%. 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


Normally $25 each - click below to receive one report FREE:


Devon Energy Corporation (DVN) - free report >>

Marathon Oil Corporation (MRO) - free report >>

Published in