Aletta, off the Mexican coast, poses no threat to land.
Tropical Storm Bud will intensify into a hurricane early this week as it moves northwestward off of Mexico's Pacific coast.
AccuWeather Hurricane Expert Dan Kottlowski said: "Since this system will track over and through an environment very similar to what Aletta experienced, there's a good chance that it will become a hurricane".
The Pacific's first named hurricane, Aletta, weakened rapidly to a Category 2 storm on Saturday.
The first hurricane, and the first major hurricane, of 2018 has formed (a major hurricane is considered a Category 3 or higher).
As of 9 a.m. MT on Friday, the center of Aletta was located about 815 kilometers (505 miles) southwest of Manzanillo in Mexico.
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However, only one of these "A" hurricanes has reached Category 5 intensity, Hurricane Ava in June 1973, according to NOAA.
Churning over warm waters that can provide fuel and with relatively little wind shear to disrupt its towering thunderstorms, "there are no obvious reasons why Aletta should cease intensification", the National Hurricane Center said. Maximum sustained winds were 65 miles per hour and the storm was traveling northwest at 9 miles per hour.
Mexico's National Water Commission (Conagua) is predicting 32 hurricanes for this season, four more than average, with 18 in the Pacific and 14 in the Atlantic.
With strengthening, Bud is expected to become a hurricane late Sunday or early Monday.
Jonathan Erdman is a senior meteorologist at weather.com and has been an incurable weather geek since a tornado narrowly missed his childhood home in Wisconsin at age 7.