Core Viewpoint - Gambling.com Group Limited (GAMB) has received a Zacks Rank 2 (Buy) upgrade due to an upward trend in earnings estimates, indicating potential for stock price increase [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Gambling.com is projected at $0.88 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 76% [9]. - Over the past three months, the Zacks Consensus Estimate for Gambling.com has risen by 4%, indicating positive sentiment among analysts [9]. Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, which is a key driver of stock price movements [2][3]. - The system classifies stocks into five groups, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating, highlighting superior earnings estimate revisions [10][11]. - Historically, Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, showcasing the effectiveness of the rating system [8]. Market Implications - The upgrade to Zacks Rank 2 positions Gambling.com in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11]. - Rising earnings estimates are correlated with increased buying pressure from institutional investors, which can lead to significant stock price movements [5][6].

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Gambling.com Group Limited (GAMB) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Gambling.com Group Limited is one of 305 companies in the Business Services group. The Business Services group currently sits at #4 within the Zacks ...

Core Insights - The article emphasizes the importance of confirming sound fundamentals and positive earnings estimates to sustain stock momentum, particularly for short-term trading strategies [1] Company Overview - Gambling.com Group Limited (GAMB) has shown a significant price increase of 44.9% over a 12-week period, indicating strong investor interest and potential upside [2] - GAMB is currently trading at 81.3% of its 52-week high-low range, suggesting it may be on the verge of a breakout [5] - The stock has maintained a price increase of 11.1% over the past four weeks, confirming that the upward trend is still intact [9] Investment Ratings - GAMB holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [14] - The average broker recommendation for GAMB is 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [10] Investment Strategies - The "Recent Price Strength" screen is highlighted as a useful tool for identifying stocks with sufficient fundamental strength to maintain their uptrend, particularly those trading in the upper portion of their 52-week range [8] - The Zacks Rank stock-rating system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, indicating a reliable method for stock selection [3]

The Zacks Advertising and Marketing industry is anticipated to reach the pre-pandemic healthy levels with the surge in service activities. Industry players’ growth is expected to be driven by the rise of digital marketing surge and client-focused strategies.Increased service activities, rising digital marketing services and growth in consumer spending across media platforms aid the companies in the industry to tackle the prevailing revenues softness.Investors can take Gambling.com Group Limited (GAMB) , Int ...

Core Viewpoint - Gambling.com Group Limited (GAMB) shows potential as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive earnings outlook and potential for continued stock price appreciation [1][2]. Current-Quarter Estimate Revisions - The company is projected to earn $0.25 per share for the current quarter, reflecting a year-over-year increase of +38.89% - The Zacks Consensus Estimate for Gambling.com has risen by 5.38% in the last 30 days, with two estimates increasing and one decreasing [4]. Current-Year Estimate Revisions - For the full year, Gambling.com is expected to earn $0.88 per share, representing a +76% change from the previous year - Over the past month, three estimates have been revised upward with no negative revisions, leading to a 10.97% increase in the consensus estimate [5]. Favorable Zacks Rank - The positive revisions in earnings estimates have resulted in Gambling.com achieving a Zacks Rank 2 (Buy), indicating strong potential for outperformance - Research indicates that stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) tend to significantly outperform the S&P 500 [6]. Bottom Line - Gambling.com shares have increased by 31.7% over the past four weeks, suggesting investor confidence in the company's earnings growth prospects, making it a candidate for portfolio inclusion [7].

Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting the need for strong fundamentals to maintain momentum [1][2]. Group 1: Stock Performance - Gambling.com Group Limited (GAMB) has shown a solid price increase of 34.6% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - Over the last four weeks, GAMB's price has increased by 36.1%, suggesting that the upward trend is still intact [5]. - GAMB is currently trading at 96.6% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - GAMB holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like GAMB that are on an uptrend supported by strong fundamentals [3]. - The article suggests that investors should consider other stocks that meet similar criteria for potential investment opportunities [8].

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Gambling.com Group Limited (GAMB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Gambling.com Group Limited is one of 304 co ...

Gambling.com Group Limited (GAMB) closed the last trading session at $11.96, gaining 22.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $15.14 indicates a 26.6% upside potential.The average comprises seven short-term price targets ranging from a low of $13 to a high of $18, with a standard deviation of $1.68. While the lowest estimate indicates an increase of 8.7% from the curre ...