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Best Momentum Stocks to Buy for May 31st

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 31st:

NVIDIA Corporation NVDA: This company which is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days.

Price and Consensus

 Price and Consensus
Price and Consensus

price-consensus-chart | Quote

NVIDIA’s shares gained 76.8% over the last three months compared with the S&P 500’s advance of 8.1%. The company possesses a Momentum Score of A.

NVIDIA Corporation Price

NVIDIA Corporation Price
NVIDIA Corporation Price

NVIDIA Corporation price | NVIDIA Corporation Quote

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Canon Inc. CAJPY: This company which holds a position as an industry leader in professional and consumer imaging equipment and information systems, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.

Canon, Inc. Price and Consensus

Canon, Inc. Price and Consensus
Canon, Inc. Price and Consensus

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

Canon’s shares gained 15.1% over the last three months compared with the S&P 500’s advance of 8.1%. The company possesses a Momentum Score of A.

Canon, Inc. Price

Canon, Inc. Price
Canon, Inc. Price

Canon, Inc. price | Canon, Inc. Quote

Murphy USA Inc. MUSA: This company which is a leading independent retailer of motor fuel and convenience merchandise in the United States, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Murphy USA Inc. Price and Consensus

Murphy USA Inc. Price and Consensus
Murphy USA Inc. Price and Consensus

Murphy USA Inc. price-consensus-chart | Murphy USA Inc. Quote

Murphy’s shares gained 10.1% over the last three months compared with the S&P 500’s decline of 8.1%. The company possesses a Momentum Score of B.

Murphy USA Inc. Price

Murphy USA Inc. Price
Murphy USA Inc. Price

Murphy USA Inc. price | Murphy USA Inc. Quote

 

See the full list of top ranked stocks here

 

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


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

NVIDIA Corporation (NVDA) : Free Stock Analysis Report

Murphy USA Inc. (MUSA) : Free Stock Analysis Report

Canon, Inc. (CAJPY) : Free Stock Analysis Report

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