Considering soaring stocks for investment on May 21st? Here’s a trio of picks boasting a strong buy rank and dynamic momentum:
Onto Innovation Inc. ONTO: A leader in manufacturing process control tools for optical metrology, this company holds a Zacks Rank #1 title. Excitingly, the Zacks Consensus Estimate for its yearly earnings has surged by 6.6% over the last 60 days.
Climbing Heights: Onto Innovation Inc. Performance and Outlook
Onto’s stock has ascended by an impressive 27.8% in the past quarter, trumping the S&P 500’s modest gain of 4.8%. With a stellar Momentum Score of A, Onto Innovation Inc. is clearly one to watch.
Market Altitudes: Onto Innovation Inc.’s Stock Performance
Southern Copper Corporation SCCO: A key player in copper and mineral mining, this company commands a Zacks Rank #1. Notably, their earnings projection for the current year has surged by an impressive 14.7% in the last 60 days.
Scaling New Heights: Southern Copper Corporation Performance Review
Southern Copper’s shares have soared by a remarkable 57.1% in the previous quarter, outshining the S&P 500’s 4.8% uptick. Boasting a Momentum Score of A, Southern Copper Corporation shines brightly in the market.
Market Acuity: Southern Copper Corporation Stock Evaluation
Owens Corning OC: Specializing in construction materials, this company holds a Zacks Rank #1. Impressively, the Zacks Consensus Estimate for its annual earnings has flourished by 10.5% over the previous 60 days.
New Horizons: Owens Corning Inc. Stock Analysis
Owens Corning’s shares have rallied, boasting a 22.3% surge in the last quarter against the S&P 500’s 4.8% increase. The company wields a commendable Momentum Score of B in the competitive market.
Performing Heights: Owens Corning Inc. Stock Performance
Investors seeking further top-ranked stock picks can find the full list here.
Keen to dive deeper into the intricate workings of the Momentum score and its methodology? Explore here for more insights.
When considering potential investments, always remember to heed the old adage: “Buy low, sell high.” Take note of rapidly-rising companies with strong buy ranks, and seize these opportunities like a savvy stock market detective.