Here's Why Commerce Bancshares (CBSH) is a Great Momentum Stock to Buy

Core Viewpoint - The article discusses the momentum investing strategy and highlights Commerce Bancshares (CBSH) as a promising stock based on its recent performance and momentum style score. Group 1: Company Performance - CBSH shares have increased by 5.65% over the past week, while the Zacks Banks - Midwest industry has risen by 7.76% during the same period [4] - Over the last month, CBSH's price change is 18.82%, outperforming the industry's 17.01% [4] - CBSH has seen a 14.56% increase over the past quarter and a 26.9% gain in the last year, compared to the S&P 500's 11.02% and 23.25% respectively [13] Group 2: Momentum Style Score - CBSH currently holds a Zacks Rank of 2 (Buy) and has a Momentum Score of B, indicating strong potential for near-term gains [6] - The Zacks Momentum Style Score incorporates trends in estimate revisions alongside price changes, which have been favorable for CBSH recently [5][8] - In the past two months, five earnings estimates for CBSH have been revised upwards, increasing the consensus estimate from $3.53 to $3.61 [11] Group 3: Trading Volume and Market Position - CBSH's average 20-day trading volume is 608,550 shares, which is considered a bullish sign when combined with rising stock prices [10] - The article emphasizes the importance of comparing CBSH's short-term price activity to its industry to identify top-performing companies [9]