Top Ranked Momentum Stocks to Buy for May 7th
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 7th:
GenMark Diagnostics, Inc. (GNMK): This molecular diagnostics company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.2% over the last 60 days.
GenMark Diagnostics Inc Price and Consensus
GenMark Diagnostics Inc price-consensus-chart | GenMark Diagnostics Inc Quote
GenMark's shares gained more than 100% over the last one month compared to S&P 500’s rise of 8.3%. The company possesses a Momentum Score of A.
GenMark Diagnostics Inc Price
GenMark Diagnostics Inc price | GenMark Diagnostics Inc Quote
MarketAxess Holdings Inc. (MKTX): This operator of an electronic trading platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.
MarketAxess Holdings Inc Price and Consensus
MarketAxess Holdings Inc price-consensus-chart | MarketAxess Holdings Inc Quote
MarketAxess’ shares gained more than 21.5% over the last one month. The company possesses a Momentum Score of B.
MarketAxess Holdings Inc Price
MarketAxess Holdings Inc price | MarketAxess Holdings Inc Quote
The Clorox Company (CLX): This manufacturer and marketer of consumer and professional products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.
The Clorox Company Price and Consensus
The Clorox Company price-consensus-chart | The Clorox Company Quote
Clorox’s shares gained 11.7% over the last one month. The company possesses a Momentum Score of B.
The Clorox Company Price
The Clorox Company price | The Clorox Company Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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