Are You Looking for a Top Momentum Pick? Why Moody's (MCO) is a Great Choice

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 identify effective metrics for assessing momentum in stocks [1] Group 2: Moody's Performance Metrics - Moody's (MCO) currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [2] - Over the past week, MCO shares increased by 3.17%, outperforming the Zacks Financial - Miscellaneous Services industry, which rose by 2.23% [3] - In the last quarter, MCO shares rose by 19.63%, and over the past year, they increased by 26.84%, compared to the S&P 500's gains of 11.65% and 25.12%, respectively [4] Group 3: Trading Volume and Earnings Outlook - MCO's average 20-day trading volume is 613,583 shares, which is a bullish indicator when combined with rising stock prices [4] - In the past two months, 8 earnings estimates for MCO have been revised upwards, raising the consensus estimate from $10.76 to $11.02 [5] - For the next fiscal year, 5 estimates have increased while 1 has decreased, indicating a positive earnings outlook [5] Group 4: Conclusion - Given the positive momentum indicators and earnings outlook, MCO is positioned as a strong buy candidate for investors seeking short-term gains [6]