Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With 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 that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Investors might want to bet on PagSeguro Digital Ltd. (PAGS) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between ...

Sukanya Sonlila/iStock via Getty ImagesFinancials (XLF) are rallying as one of the top-performing sectors YTD and over the last 12 months, with shares of banks and other financial institutions capitalizing on AI trends. The technology boom with tailwinds from artificial intelligence has supercharged the markets, and Big Tech is driving major index gains over the past 12 months. Big Tech 1Y Gains vs. The Rest (Bloomberg) Global fintech revenue, per a QED Investors/Boston Consulting Group study, is proje ...

While making investments, the quest for the next big opportunity will continue. Let’s explore three stocks that create a possible scenario where investments multiply fivefold within this decade. This could propel portfolio returns to unprecedented heights. Such prospects are not mere figments of optimism but realities in the finance and technology sectors.With its expansive reach and unwavering performance, the first one is leading a niche in the digital payments ecosystem. The second one embodies the strat ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they beli ...

PagSeguro Digital Ltd. (PAGS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following y ...

In Payments, TPV growth in 4Q23 reached +21% y/y, more than 2x industry growth;Digital bank reached 31 million clients, totaling R$28 billion in Deposits;The results consolidate the business expansion and diversification beyond longtail and POS devicesSÃO PAULO, Feb, 29, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution and one of the largest digital banks in the country, announces its results for the fourth quarter of 2023 (4Q23). Among the main ...

Have you been paying attention to shares of PagSeguro Digital Ltd. (PAGS) ? Shares have been on the move with the stock up 4.6% over the past month. The stock hit a new 52-week high of $13.83 in the previous session. PagSeguro Digital Ltd. has gained 10.4% since the start of the year compared to the 9.6% move for the Zacks Business Services sector and the 9.1% return for the Zacks Financial Transaction Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earning ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering PagSeguro Digital Ltd. (PAGS) , which belongs to the Zacks Financial Transaction Services industry.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.85%.For the last reported quarter, PagSeguro Digital Ltd. Came out with earnings of $0.28 ...