Are You Looking for a Top Momentum Pick? Why LendingClub (LC) is a Great Choice

Company Overview - LendingClub (LC) currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy) [2][6] - The company connects borrowers and lenders online, positioning itself as a promising momentum pick [3] Price Performance - Over the past week, LC shares increased by 4.53%, outperforming the Zacks Financial - Miscellaneous Services industry, which rose by 1.45% [3] - In the last month, LC's price change was 46.32%, significantly higher than the industry's 2.94% [3] - Over the past quarter, LC shares rose by 36.42%, and over the last year, they increased by 61.84%, while the S&P 500 only moved 10.01% and 21.8% respectively [4] Trading Volume - LC's average 20-day trading volume is 1,645,599 shares, indicating a bullish sign as it establishes a good price-to-volume baseline [4] Earnings Estimates - In the past two months, 2 earnings estimates for LC moved higher, while none were revised lower, increasing the consensus estimate from $0.27 to $0.29 [5] - For the next fiscal year, 2 estimates have also moved upwards with no downward revisions [5]