Best Momentum Stock to Buy for May 14th

Written By Michael Gary Scott







Top Momentum Stocks for Investment

Discover the Best Momentum Stocks for May 14th

As investors seek the right opportunities to capitalize on market momentum, three standout stocks are worth considering on May 14th:

DXP Enterprises (DXPE): With a Zacks Rank #1 (Strong Buy), this leading distributor of products and services, known for providing innovative solutions to industrial clients across North America and Dubai, has seen its Zacks Consensus Estimate for current-year earnings surge by 13.0% over the past 60 days.

DXP Enterprises, Inc. Price and Consensus

DXP Enterprises has outperformed the S&P 500, with its shares surging by 45.3% in the last three months. The company boasts a Momentum Score of A, indicating robust performance.

DXP Enterprises, Inc. Price

Costamare (CMRE): Operating as a containership lessor, Costamare holds a Zacks Rank #1 and has witnessed a 12.0% increase in its Zacks Consensus Estimate for the current year over the past 60 days.

Costamare Inc. Price and Consensus

Costamare’s shares have soared by 21.3% in the past three months, surpassing the S&P 500’s gains. With a Momentum Score of A, the company demonstrates strong growth potential.

Costamare Inc. Price

Skyward Specialty Insurance Group, Inc. (SKWD): Engaged in underwriting commercial property and casualty insurance primarily in the U.S., Skyward Specialty boasts a Zacks Rank #1. Its Zacks Consensus Estimate for the current year’s earnings has risen by 5.7% in the last 60 days.

Skyward Specialty Insurance Group, Inc. Price and Consensus

Skyward Specialty Insurance has seen its shares climb by 12.1% in the past three months, showcasing strong performance relative to the S&P 500. With a Momentum Score of A, the company is on a positive trajectory.

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Skyward Specialty Insurance Group, Inc. Price

Explore the full list of top-ranked stocks and delve into the Momentum score calculation to make informed investment decisions.

Looking for Stock Market Gems:

Amidst the vast array of stocks, discovering the next big winner can be an exhilarating quest. While not every pick turns to gold, there are gems waiting to be unearthed. Director of Research Sheraz Mian has identified a company with immense potential, targeting younger audiences and generating substantial revenue. Seize this opportunity during the current market lull, as the reward could outshine past success stories like Nano-X Imaging’s remarkable growth.

Investors can grasp a free analysis of DXP Enterprises, Costamare, and Skyward Specialty Insurance Group through the provided links for in-depth exploration.

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