Barclays (BCS) 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 identify effective metrics for assessing momentum in stocks, addressing the debate on which indicators are reliable [1] Group 2: Barclays (BCS) Performance - Barclays currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [2][6] - Over the past week, BCS shares increased by 2.16%, while the Zacks Banks - Foreign industry remained flat, and over the past month, BCS rose by 13.38% compared to the industry's 3.68% [3] - In the last quarter, BCS shares rose by 16.7%, and over the past year, they increased by 41.92%, significantly outperforming the S&P 500's gains of 9.88% and 24.06% respectively [4] Group 3: Trading Volume and Earnings Outlook - BCS's average 20-day trading volume is 9,589,367 shares, indicating a bullish sign with rising stock prices and above-average volume [4] - Recent earnings estimates for BCS have shown positive revisions, with two estimates moving higher and one lower, raising the consensus estimate from $1.60 to $1.65 over the past 60 days [5]