Are You Looking for a Top Momentum Pick? Why Mercury General (MCY) is a Great Choice

Company Overview - Mercury General (MCY) currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook compared to the market [4] Performance Metrics - Over the past week, MCY shares increased by 1.5%, while the Zacks Insurance - Property and Casualty industry declined by 0.26% [6] - In the last month, MCY's price change was 12.02%, outperforming the industry's 2.13% [6] - Over the past quarter, MCY shares rose by 3.73%, and over the last year, they gained 88.2%, compared to the S&P 500's increases of 1.55% and 17.43%, respectively [7] Trading Volume - MCY's average 20-day trading volume is 213,070 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, one earnings estimate for MCY increased, while none decreased, raising the consensus estimate from $3.44 to $4.00 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10]