Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 14:
Lumentum Holdings Inc. LITE: This optical and photonic products company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.
Lumentum Holdings Inc. Price and Consensus
Lumentum Holdings Inc. price-consensus-chart | Lumentum Holdings Inc. Quote
Lumentum’s shares gained 83.1% over the last three months compared with the S&P 500’s advance of 8.9%. The company possesses a Momentum Score of A.
Lumentum Holdings Inc. Price
Lumentum Holdings Inc. price | Lumentum Holdings Inc. Quote
Onto Innovation Inc. ONTO: This manufacturer of process control tools for optical metrology has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.
Onto Innovation Inc. Price and Consensus
Onto Innovation Inc. price-consensus-chart | Onto Innovation Inc. Quote
Onto’s shares gained 27.5% over the last three months compared with the S&P 500’s advance of 8.9%. The company possesses a Momentum Score of A.
Onto Innovation Inc. Price
Onto Innovation Inc. price | Onto Innovation Inc. Quote
Tapestry, Inc. TPR: This lifestyle brand and accessories company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.
Tapestry, Inc. Price and Consensus
Tapestry, Inc. price-consensus-chart | Tapestry, Inc. Quote
Tapestry’s shares gained 30.4% over the last six months compared with the S&P 500’s advance of 11.5%. The company possesses a Momentum Score of A.
Tapestry, Inc. Price
Tapestry, Inc. price | Tapestry, Inc. Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Learn more about the Momentum score and how it is calculated here.
7 Best Stocks for the Next 30 Days
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Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
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Lumentum Holdings Inc. (LITE): Free Stock Analysis Report
Tapestry, Inc. (TPR): Free Stock Analysis Report
Onto Innovation Inc. (ONTO): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).