Are You Looking for a Top Momentum Pick? Why Atlantic Union (AUB) is a Great Choice

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Atlantic Union (AUB) - Atlantic Union currently holds a Momentum Style Score of A, indicating strong momentum characteristics [1] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [2] Performance Metrics - AUB shares have increased by 7.6% over the past week, outperforming the Zacks Banks - Northeast industry, which rose by 4.74% during the same period [3] - Over the past month, AUB's price change is 25.39%, compared to the industry's 16.37% [3] - In the last quarter, AUB shares rose by 22.2%, and over the past year, they gained 30.21%, while the S&P 500 increased by 10.01% and 21.8%, respectively [4] Trading Volume - AUB's average 20-day trading volume is 546,745 shares, which serves as a bullish indicator when combined with rising stock prices [4] Earnings Outlook - In the past two months, one earnings estimate for AUB has increased, while none have decreased, raising the consensus estimate from $2.95 to $3.01 [5] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [5] Conclusion - Given the strong performance metrics and positive earnings outlook, AUB is identified as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [6]