Here's Why Telephone & Data Systems (TDS) is a Great Momentum Stock to Buy

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Group 1: Company Overview - Telephone & Data Systems (TDS) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - TDS has experienced a share price increase of 2.58% over the past week, matching the performance of the Zacks Wireline - National industry [4] - Over the last month, TDS shares have risen by 7.27%, again aligning with the industry's performance [4] Group 2: Trading Volume and Market Position - The average 20-day trading volume for TDS is 1,107,698 shares, which serves as a bullish indicator when combined with rising stock prices [5] - TDS has a Zacks Rank of 1 (Strong Buy), suggesting it is positioned to outperform the market [8] Group 3: Performance Metrics - Over the past quarter, TDS shares have increased by 37.22%, and over the last year, they have surged by 176.05%, significantly outperforming the S&P 500, which rose by 10% and 27.2% respectively [10] - Recent earnings estimate revisions for TDS show one upward revision for the full year, raising the consensus estimate from -$0.48 to -$0.33 [13]