4 Momentum Stocks To Buy In May

VRT designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. It offers its products primarily under the Liebert, NetSure, Geist, and Avocent brands. The company serves social media, financial services, healthcare, transportation, retail, education, and government industries.

VRT’s $1.10 billion in net sales for its fiscal year 2021 first quarter (ended March 31, 2021) represents a 22.4% year-over-year rise. The company’s net income for the quarter came in at $31.70 million, up 115.2% year-over-year. Its EPS came in at $0.09, which represents a 110.3% year-over-year increase.

Analysts expect VRT’s EPS to increase 43.6% year-over-year to $1.12 in its fiscal year 2021. Its revenue is expected to increase 27.3% year-over-year to $1.21 billion for the quarter ending June 30. It surpassed consensus EPS estimates in three of the trailing four quarters.

In March, the company introduced the Liebert VIC–its first liquid immersion cooling solution for high density data centers. It is available throughout India, Asia, Australia, and New Zealand. The product’s introduction has increased VRT’s market reach considerably. The stock has gained 120.1% over the past year and 22.6% so far this year. It closed yesterday’s trading session at $22.89.

VRT’s strong fundamentals are reflected in its POWR Ratings. It has an overall B rating, which equates to Buy in our POWR Ratings system. The stock has an A grade for Momentum, and a B Grade for Quality, Growth, Value, and Sentiment. Click here to see VRT’s rating for Stability as well.

VRT is ranked #22 of 87 stocks in the B-rated Industrial-Equipment industry.

Penske Automotive Group, Inc. (PAG - Get Rating)

PAG is an international transportation services company. It operates through four segments—Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors and is also engaged in the sale of new and used motor vehicles, and related products and services, among others.

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