Seeking stocks with a buy rank and robust momentum features for your investment portfolio? Look no further than these three options on May 14th:
DXP Enterprises (Ticker: DXPE), a key distributor of products and services providing value and cost-saving solutions to industrial clients across the United States, Canada, Mexico, and Dubai, boasts a Zacks Rank of #1 (Strong Buy). Noteworthy is the 13.0% surge in Zacks Consensus Estimate for its current-year earnings over the past 60 days.
DXP Enterprises, Inc. Performance Trends
DXP Enterprises exhibited an impressive 45.3% upsurge in shares over the preceding three months, significantly outperforming the S&P 500’s gain of 5.2%. With a stellar Momentum Score of A, the company is certainly making waves in the market.
DXP Enterprises, Inc. Price Analysis
Costamare (Ticker: CMRE), a containership owner that leases its vessels to liner firms, also flaunts a Zacks Rank of #1. The company experienced a notable 12.0% increase in Zacks Consensus Estimate for current-year earnings in the last 60 days.
Costamare Inc. Financial Overview
Costamare witnessed a solid 21.3% uptick in shares over the past three months, surpassing the S&P 500’s growth rate. Its Momentum Score of A underscores its positive trajectory.
Costamare Inc. Price Movement
Skyward Specialty Insurance Group, Inc. (Ticker: SKWD), specializing in underwriting commercial property and casualty insurance primarily in the United States, stands out with a Zacks Rank of #1. The firm registered a 5.7% surge in Zacks Consensus Estimate for current-year earnings in the last 60 days.
Skyward Specialty Insurance Group, Inc. Market Performance
With a commendable 12.1% increase in its share value over the preceding three months, Skyward Specialty Insurance Group has exhibited robust growth, outpacing the S&P 500 index. Its Momentum Score of A solidifies its position in the market.
Explore the complete list of top-ranked stocks here.
Learn more about the Momentum score and its calculation here.
Delving Deeper: The Quest for Stellar Performance
From the vast array of equities, the top minds at Zacks have singled out companies with the potential to double, and perhaps even more, in the upcoming months. The journey unveils a narrative of ambition and innovation, resonating with the millennial and Gen Z demographics. With revenues pushing close to $1 billion in the previous quarter alone, a recent dip in the market presents a golden opportunity. While not all picks strike gold, this particular gem might surpass the meteoric rise of past Zacks Stocks Set to Double alumni like Nano-X Imaging, which soared by an impressive +129.6% in just over 9 months.