Top Ranked Momentum Stocks to Buy for May 12th

BCE's first-quarter 2020 results reflect the impact of lower commercial activity stemming from COVID-19. Also, the pandemic affected financial results in all operating segments.

Network expansions and capital investments underscore CenturyLink's (CTL) commitment to deliver a reliable connection to businesses that require a robust infrastructure to unlock new opportunities.

The Turtle Beach (NASDAQ:HEAR) share price has done well in the last month, posting a gain of 34%. Unfortunately, the...

Despite more than 20 million job losses in April, equities continued to power higher on Friday. Let's look at a few top stock trades for next week. Top Stock Trades for Tomorrow 1: Invesco QQQ ETF Click to Enlarge Source: Chart courtesy of StockCharts.comThe Invesco QQQ ETF (NASDAQ:QQQ) hit its highest level since February. The exchange-traded fund has been resilient, rallying more than 36% from the March lows. The ETF is also up more than 5% for the year.Not many would have expected this action, but now things get a bit trickier.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's starting to fill into its massive gap-down from February. If it can fill it, it will take the QQQ up toward $230. Above that technically puts the all-time highs in play. On a move below the 78.6% retracement and $220 level puts a possible pullback in play.In that scenario, I'm looking at the 61.8% retracement near $209 and the 100-day moving average near $210. That zone is in the heart of the ETF's recent consolidation zone. * 10 Key Stocks to Watch Over the Next Few Months Below it puts the $200 mark in play. Top Stock Trades for Tomorrow 2: Beyond Meat Click to Enlarge Source: Chart courtesy of StockCharts.comBeyond Meat (NASDAQ:BYND) continues its excellent post-earnings rally. On Thursday, shares consolidated Wednesday's big rally before pushing to new recent highs on Friday.In doing so, Beyond Meat actually hit new 2020 highs. However, it's struggling with the $130 resistance level. If it can gain more momentum, $160 is not out of the question, even though it seems unrealistic from here.If $130 succeeds as resistance, let's see if the two-day low can bolster BYND. Below puts the 200-day moving average in play. I mostly want to see if $130 can flip from resistance to support, putting bulls back in the driver's seat. Top Stock Trades for Tomorrow 3: SmileDirectClub Click to Enlarge Source: Chart courtesy of StockCharts.comSmileDirectClub (NASDAQ:SDC) has struggled immensely since going public. On the chart above, you can see the IPO price, a level SDC stock has not been able to reclaim since going public.However, shares have been trading better lately, with earnings due up next week.It's trying to push through a very significant level right now near $8. Above that and the 100-day moving average, and SDC can begin filling into February's massive gap-down. Should it fill the entire gap, it will send the stock up toward $11. * 10 Stocks to Buy to Weather the Recession If $8 holds and SmileDirectClub trades back below $6.50, let's see if the 50-day moving average can buoy the share price. Below that puts $4 support back in play. Top Stock Trades for Tomorrow 4: Turtle Beach Click to Enlarge Source: Chart courtesy of StockCharts.comTurtle Beach (NASDAQ:HEAR) has made a huge move off the recent lows near $4.Shares have still more than doubled, even after pulling back from almost $12 earlier this week. For now though, HEAR stock is holding up over the 200-week and 50-week moving averages, as well as prior downtrend resistance (blue line).As volatile as the stock has been, I really like the way it's holding up above such a key area. Let's see if shares can retest resistance near $12. A breakout over this mark could put $16 and $18 on the table.A move below $8 ruins the setup for longs and puts the 20-week moving average in play.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 4 Top Stock Trades for Monday: QQQ, BYND, SDC, HEAR appeared first on InvestorPlace.

In the first quarter, Altice (ATUS) sees record demand for its broadband service and achieves the best-ever quarterly performance with 50,000 broadband net additions.

Q1 2020 Turtle Beach Corp Earnings Call

Turtle Beach (HEAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nokia's (NOK) first-quarter 2020 results reflect higher gross profit in Mobile Access within Networks and Software, lower amortization as well as progress related to cost-saving program.

Bet on five top-ranked stocks with higher ROE derived the DuPont way.

Ericsson (ERIC) is working close to its customers through its American, European and Asian operations while securing fast deliveries to meet requirements.

Most readers would already be aware that Turtle Beach's (NASDAQ:HEAR) stock increased significantly by 72% over the...

BCE's Bell's strong liquidity position is expected to provide financial flexibility to execute its planned capital expenditures for 2020.

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BCE's Bell delivers high-speed Internet to rural communities in Quebec along with its increasing fiber and Wireless Home Internet networks.

Turtle Beach (HEAR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Last week the NPD Group released U.S. retail sales data showing record April 2020 results for the market and for leading gaming headset and accessory brand Turtle Beach (Nasdaq: HEAR). According to NPD Group, U.S. retail sales in the Accessories and Game Card category reached an all-time high, and U.S. retail sales in the same period for headsets significantly exceeded the previous high set in April 2018 during the onset of Fortnite mania. Similarly, Turtle Beach's April 2020 retail sales were more than double the brand's prior all-time high from April 2018.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Turtle Beach (HEAR) delivered earnings and revenue surprises of 68.92% and 18.27%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Juniper's (JNPR) first-quarter 2020 results reflect order growth of 10% on a year-over-year basis with improvement across each of the core industry verticals.