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Best Momentum Stocks to Buy for June 2nd

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 2nd:

Canon Inc. CAJPY: This company which holds a position as an industry leader in professional and consumer imaging equipment and information systems, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.

Canon, Inc. Price and Consensus

Canon, Inc. Price and Consensus
Canon, Inc. Price and Consensus

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

Canon’s shares gained 16.6% over the last three months compared with the S&P 500’s advance of 4.8%. The company possesses a Momentum Score of A.

Canon, Inc. Price

Canon, Inc. Price
Canon, Inc. Price

Canon, Inc. price | Canon, Inc. Quote

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Paymentus Holdings, Inc. PAY: This company which is a provider of cloud-based bill payment technology solutions, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.7% over the last 60 days.

Paymentus Holdings, Inc. Price and Consensus

Paymentus Holdings, Inc. Price and Consensus
Paymentus Holdings, Inc. Price and Consensus

Paymentus Holdings, Inc. price-consensus-chart | Paymentus Holdings, Inc. Quote

Paymentu’s shares gained 16.3% over the last three months compared with the S&P 500’s advance of 4.8%. The company possesses a Momentum Score of A.

Paymentus Holdings, Inc. Price

Paymentus Holdings, Inc. Price
Paymentus Holdings, Inc. Price

Paymentus Holdings, Inc. price | Paymentus Holdings, Inc. Quote

Murphy USA Inc. MUSA: This company which is a leading independent retailer of motor fuel and convenience merchandise in the United States, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Murphy USA Inc. Price and Consensus

Murphy USA Inc. Price and Consensus
Murphy USA Inc. Price and Consensus

Murphy USA Inc. price-consensus-chart | Murphy USA Inc. Quote

Murphy’s shares gained 8.5% over the last three months compared with the S&P 500’s decline of 4.8%. The company possesses a Momentum Score of B.

Murphy USA Inc. Price

Murphy USA Inc. Price
Murphy USA Inc. Price

Murphy USA Inc. price | Murphy USA Inc. Quote

 

See the full list of top ranked stocks here

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


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

Paymentus Holdings, Inc. (PAY) : Free Stock Analysis Report

Murphy USA Inc. (MUSA) : Free Stock Analysis Report

Canon, Inc. (CAJPY) : Free Stock Analysis Report

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