Why Integer (ITGR) is a Top Momentum Stock for the Long-Term

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores serve as complementary indicators to the Zacks Rank, helping investors select stocks with high potential for market outperformance [2] Zacks Style Scores Overview - Stocks are rated based on value, growth, and momentum characteristics, with scores ranging from A to F, where A indicates the highest potential for outperformance [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Concentrates on a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks with upward or downward price trends, utilizing short-term price changes and earnings estimate adjustments to identify optimal buying opportunities [4] VGM Score - Combines all three Style Scores to provide a comprehensive rating, helping investors find stocks with attractive value, strong growth forecasts, and promising momentum [5] Zacks Rank Integration - The Zacks Rank is a proprietary model based on earnings estimate revisions, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6][7] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the best chances of high returns [9] Company Spotlight: Integer Holdings Corporation (ITGR) - Integer Holdings Corporation, based in Plano, TX, specializes in manufacturing medical devices and components for OEMs [11] - ITGR holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, with a Momentum Style Score of A, reflecting a 3.2% increase in shares over the past four weeks [11][12] - Recent upward revisions in earnings estimates for fiscal 2024 have increased the Zacks Consensus Estimate by $0.04 to $5.31 per share, with an average earnings surprise of 7.8% [12]