Considering momentum stocks for investment on May 1st? Delve into three potential options exhibiting strong performance:
The Western Union Company: Riding the Wave
The Western Union Company (WU) has emerged as a noteworthy player in money movement and payment services. With a Zacks Rank #1 and a recent 3.6% uptick in the Zacks Consensus Estimate for its current year earnings, the company is on investors’ radar.
The Western Union Company Price
Marking a 6.6% rise in shares over the last three months, The Western Union Company has outstripped the S&P 500’s 2.6% progression. Its formidable Momentum Score of A implies strength in its market stance.
Kaiser Aluminum Corporation: Shaping a Bright Future
Kaiser Aluminum Corporation (KALU) stands out with its Zacks Rank #1 and a 1.8% surge in the Zacks Consensus Estimate for next year’s earnings during the past 60 days.
Kaiser Aluminum Corporation Price
Kaiser Aluminum Corporation has witnessed a substantial 37.8% surge in shares over the last three months, surpassing the S&P 500’s growth. With a Momentum Score of A, the company is displaying resilience in the market.
Outbrain Inc.: Resilience in Volatile Markets
Outbrain Inc. (OB), a media technology firm, has garnered attention with its Zacks Rank #1 and an impressive 77.8% rise in the Zacks Consensus Estimate for next year’s earnings over the past 60 days.
Outbrain Inc. Price
Despite market fluctuations, Outbrain Inc. managed a 1.2% increase in shares over the last month, in contrast to the S&P 500’s decline. With a Momentum Score of A, the company exhibits tenacity in the face of uncertainty.
Explore the full range of top-ranked stocks for potential investment opportunities.
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