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Best Momentum Stock to Buy for May 16th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 16th:

Navios Maritime Partners (NMM - Free Report) : This company which is an international owner and operator of dry cargo vessels, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

Navios Maritime Partners’ shares gained 43.8% over the last three month compared with the S&P 500’s gain of 6.9%. The company possesses a Momentum Score of A.

Costamare (CMRE - Free Report) : This company which operates as a containership owner chartering its vessels to liner companies, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current yearearnings increasing 12.0% over the last 60 days.

Costamare’s shares gained 27.1% over the last three month compared with the S&P 500’s gain of 6.9%. The company possesses a Momentum Score of A.

MINISO Group Holding Limited (MNSO - Free Report) : This retailer which offers design-led lifestyle products in Guangzhou, China, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.5% over the last 60 days.

MINISO Group Holding Limited’s shares gained 38.4% over the last three month compared with the S&P 500’s gain of 6.9%. 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:


Costamare Inc. (CMRE) - free report >>

Navios Maritime Partners LP (NMM) - free report >>

MINISO Group Holding Limited Unsponsored ADR (MNSO) - free report >>

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