Canada markets closed

Top Ranked Momentum Stocks to Buy for May 27th

Zacks Equity Research

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 27th:

Energy Focus, Inc. (EFOI): This company that designs, develops, manufactures, markets, and sells energy-efficient lighting systems has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 40% over the last 60 days.

Energy Focus, Inc. Price and Consensus

Energy Focus, Inc. Price and Consensus

Energy Focus, Inc. price-consensus-chart | Energy Focus, Inc. Quote

Energy Focus’ shares gained more than 100% over the last one month compared to S&P 500’s rise of 5.5%. The company possesses a Momentum Score of A.

Energy Focus, Inc. Price

Energy Focus, Inc. Price

Energy Focus, Inc. price | Energy Focus, Inc. Quote

United Natural Foods, Inc. (UNFI): This company that distributes natural, organic, specialty, produce, and conventional grocery and non-food products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

United Natural Foods, Inc. Price and Consensus

United Natural Foods, Inc. Price and Consensus

United Natural Foods, Inc. price-consensus-chart | United Natural Foods, Inc. Quote

United Natural Foods’ shares gained 48.9% over the last one month. The company possesses a Momentum Score of A.

United Natural Foods, Inc. Price

United Natural Foods, Inc. Price

United Natural Foods, Inc. price | United Natural Foods, Inc. Quote

Peloton Interactive, Inc. (PTON): This company that provides interactive fitness products has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 45.5% over the last 60 days.

Peloton Interactive, Inc. Price and Consensus

Peloton Interactive, Inc. Price and Consensus

Peloton Interactive, Inc. price-consensus-chart | Peloton Interactive, Inc. Quote

Peloton Interactive’s shares gained 31.4% over the last one month. The company possesses a Momentum Score of A.

Peloton Interactive, Inc. Price

Peloton Interactive, Inc. Price

Peloton Interactive, Inc. price | Peloton Interactive, Inc. Quote

Co-Diagnostics, Inc. (CODX): This molecular diagnostics company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

CoDiagnostics, Inc. Price and Consensus

CoDiagnostics, Inc. Price and Consensus

CoDiagnostics, Inc. price-consensus-chart | CoDiagnostics, Inc. Quote

Co-Diagnostics’ shares gained 25.2% over the last one month. The company possesses a Momentum Score of B.

CoDiagnostics, Inc. Price

CoDiagnostics, Inc. Price

CoDiagnostics, Inc. price | CoDiagnostics, Inc. Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

More Stock News: This Is Bigger than the iPhone!                  

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021. 

Click here for the 6 trades >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
United Natural Foods, Inc. (UNFI) : Free Stock Analysis Report
 
Peloton Interactive, Inc. (PTON) : Free Stock Analysis Report
 
Energy Focus, Inc. (EFOI) : Free Stock Analysis Report
 
CoDiagnostics, Inc. (CODX) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research