Crane (CR) is a Great Momentum Stock: Should You Buy?

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Crane (CR) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market [3] Group 2: Crane (CR) Performance Metrics - Crane's shares have increased by 2.94% over the past week, while the Zacks Manufacturing - General Industrial industry has risen by 5.23% during the same period [5] - Over the last quarter, Crane's shares have gained 13.56%, and over the past year, they have increased by 60.03%, compared to the S&P 500's gains of 10% and 27.2%, respectively [10] - Crane's average 20-day trading volume is 219,445 shares, indicating a bullish sign when combined with rising stock prices [6] Group 3: Earnings Estimates and Revisions - In the past two months, two earnings estimates for Crane have moved higher, resulting in an increase of the consensus estimate from $4.95 to $4.99 [11] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [11] - These positive revisions contribute to Crane's classification as a 2 (Buy) stock with a Momentum Score of A [12]