Top Ranked Momentum Stocks to Buy for May 29th
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 29th:
BioLineRx Ltd. (BLRX): This clinical stage biopharmaceutical company has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.1% over the last 60 days.
BioLineRx Ltd. Price and Consensus
BioLineRx Ltd. price-consensus-chart | BioLineRx Ltd. Quote
BioLineRx's shares gained 9.2% over the last one month compared to S&P 500’s rise of 5.5%. The company possesses a Momentum Score of A.
BioLineRx Ltd. Price
BioLineRx Ltd. price | BioLineRx Ltd. Quote
Gold Standard Ventures Corp (GSV): This gold-bearing mineral resource exploration stage company, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 50% over the last 60 days.
Gold Standard Ventures Corporation Price and Consensus
Gold Standard Ventures Corporation price-consensus-chart | Gold Standard Ventures Corporation Quote
Gold Standard’s shares gained 7.7% over the last one month. The company possesses a Momentum Score of A.
Gold Standard Ventures Corporation Price
Gold Standard Ventures Corporation price | Gold Standard Ventures Corporation Quote
Nutanix, Inc. (NTNX): This developer and provider of an enterprise cloud platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days.
Nutanix Inc. Price and Consensus
Nutanix Inc. price-consensus-chart | Nutanix Inc. Quote
Nutanix's shares gained 25.1% over the last one month. The company possesses a Momentum Score of A.
Nutanix Inc. Price
Nutanix Inc. price | Nutanix Inc. Quote
Alexco Resource Corp. (AXU): This company that is engaged in mineral exploration, and mine development and operational activities 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.
Alexco Resource Corp Price and Consensus
Alexco Resource Corp price-consensus-chart | Alexco Resource Corp Quote
Alexco's shares gained 41% over the last one month. The company possesses a Momentum Score of A.
Alexco Resource Corp Price
Alexco Resource Corp price | Alexco Resource Corp Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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
Nutanix Inc. (NTNX) : Free Stock Analysis Report
Gold Standard Ventures Corporation (GSV) : Free Stock Analysis Report
BioLineRx Ltd. (BLRX) : Free Stock Analysis Report
Alexco Resource Corp (AXU) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research