Investors eyeing potential stocks with strong momentum characteristics for today, May 20th, may find these three to be fitting candidates:
Buzzi S.p.A. BZZUF: A renowned manufacturer of cement, ready-mix concrete, and aggregates proudly boasts a Zacks Rank #1, with its Zacks Consensus Estimate for current-year earnings witnessing a remarkable uptick of 5.2% in the last 60 days.
The Bullish Trajectory of Buzzi Unicem
Buzzi’s shares surged by 9.5% over the past three months, outpacing the S&P 500’s gain of 7%. Demonstrating a marvelous performance, the company holds an enviable Momentum Score of A.
Cruising With Karooooo Ltd.
Karooooo Ltd. KARO: Leading the pack with its mobility software-as-a-service (SaaS) platform for connected vehicles, Karooooo secures a Zacks Rank #1. The company’s current-year earnings estimate has soared by 5.7% over the last 60 days, signaling prosperous times ahead.
Karooooo Ltd. Steering to Success
The journey for Karooooo has been impressive, with its shares climbing by 11.4% in the last three months, exceeding the S&P 500’s ascent by 7%. Touted with a Momentum Score of A, Karooooo is setting sail for greater heights.
Smooth Sailing for Navios Maritime Partners L.P.
Navios Maritime Partners L.P. NMM: Commanding the seas as an operator of dry cargo vessels, Navios enjoys a Zacks Rank #1. The company has witnessed an impressive 8.2% surge in the Zacks Consensus Estimate for its current-year earnings over the last 60 days.
Navigating Prosperously with Navios Maritime Partners L.P.
Navios’ shares have demonstrated a remarkable growth of 44.1% in the last three months, leaving the S&P 500’s gain of 7% in its wake. With a Momentum Score of B, Navios is set on course for profitable ventures.
Embark on a journey through the full list of top-ranked stocks here, and delve deeper into the realm of the Momentum score and its calculation here.
Soar to New Highs with Zacks’ Recommendations
From the plethora of stocks available, five Zacks experts have each pinpointed their top contender poised for a potential +100% growth. Director of Research Sheraz Mian singles out a lesser-known chemical company, already up 65% in the past year but still priced conservatively. With robust demand, surging 2022 earnings estimates, and a $1.5 billion earmarked for share repurchases, this company offers a promising opportunity for retail investors.
Could this company outshine recent Zacks’ “Stocks Set to Double” such as Boston Beer Company, which surged by +143.0% in just over nine months, or NVIDIA, boasting a remarkable +175.9% rise in one year?
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Information on Navios Maritime Partners L.P. (NMM): Free Stock Analysis Report
Details on Buzzi Unicem (BZZUF): Free Stock Analysis Report
Check out Karooooo Ltd. (KARO): Free Stock Analysis Report
For the original article, visit Zacks.com here.