Here's Why FactSet Research (FDS) is a Strong Momentum Stock

Company Overview - FactSet Research Systems Inc. is a leading provider of integrated financial information and analytical applications for the global investment community, headquartered in Norwalk, CT [7] - The company offers a wide range of tools and resources, including company and industry analyses, portfolio analysis, risk profiles, and research management solutions [7] - FactSet generates revenue from subscriptions to its products and services, such as workstations, analytics, and trade execution [7] Earnings Estimates - Nine analysts have revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.35 to $16.32 per share [8] - FactSet has an average earnings surprise of 1.6%, indicating a positive trend in earnings performance [8] Zacks Rank and Style Scores - The Zacks Rank utilizes earnings estimate revisions to help investors create successful portfolios, with stocks rated from 1 (Strong Buy) to 5 (Strong Sell) [4][6] - The Zacks Style Scores categorize stocks based on value, growth, and momentum characteristics, providing additional insights for investors [2][10] - FactSet has a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating a stable position in the market [23] Investment Insights - The VGM Score combines value, growth, and momentum styles, helping investors identify stocks with attractive value and promising growth [19] - Stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B are recommended for higher chances of success [21] - FactSet's solid Zacks Rank and top-tier Momentum and VGM Style Scores make it a noteworthy option for investors [24]