Best Momentum Stock to Buy for May 1st

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 1st:

Carpenter Technology CRS: This company which is a producer and distributor of premium specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels as well as drilling tools, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

Carpenter Technology Corporation Price and Consensus

Carpenter Technology Corporation price-consensus-chart | Carpenter Technology Corporation Quote

Carpenter Technology’s shares gained 2.5% over the last three month compared with the S&P 500’s decline of 7.2%. The company possesses a Momentum Score of A.

Carpenter Technology Corporation Price

Carpenter Technology Corporation price | Carpenter Technology Corporation Quote

First Savings Financial Group FSFG: This bank holding company which provides various banking services to individuals and business customers in southern Indiana, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days.

First Savings Financial Group, Inc. Price and Consensus

First Savings Financial Group, Inc. price-consensus-chart | First Savings Financial Group, Inc. Quote

First Savings Financial Group’s shares gained 14% over the last three month compared with the S&P 500’s decline of 7.1%. The company possesses a Momentum Score of A.

First Savings Financial Group, Inc. Price

First Savings Financial Group, Inc. price | First Savings Financial Group, Inc. Quote

Banco De Chile BCH: This commercial banking company in Chile which provides general banking services to a diverse customer base that includes large corporations, small and mid-sized businesses and individuals, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Banco De Chile Price and Consensus

Banco De Chile price-consensus-chart | Banco De Chile Quote

Banco De Chile’s shares gained 26.8% over the last three month compared with the S&P 500’s decline of 7.2%. The company possesses a Momentum Score of A.

Banco De Chile Price

Banco De Chile price | Banco De Chile Quote

See the full list of top ranked stocks here

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

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This article originally published on Zacks Investment Research (zacks.com).

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