Investments can be screaming buys for many different reasons. They may be seriously undervalued for no good reason. Maybe it's an early bet of a promising long-term trend. Or perhaps you're looking at something that always makes sense to a long-term investor -- you might as well set up an automated dollar-cost averaging plan for this one!

These "screaming buy" situations are often applied to stocks but also work for exchange-traded funds (ETFs). On that note, let me show you a trio of ETFs that are screaming buys in May 2024 for widely varied reasons. I'll start with one of those funds considered a "set it and forget it" investment. Then, you'll find two more ETFs with buy-in catalysts specific to this moment in time.

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Source Fool.com