Are You Looking for a Top Momentum Pick? Why CareTrust REIT (CTRE) is a Great Choice

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with CareTrust REIT (CTRE) currently holding a Momentum Style Score of B [2][3] Group 2: CareTrust REIT Performance - CareTrust REIT has a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3] - Over the past week, CTRE shares increased by 1.61%, while the Zacks REIT and Equity Trust - Other industry declined by 1.04% [5] - In the last three months, CTRE shares rose by 10.97%, and over the past year, they increased by 37.36%, significantly outperforming the S&P 500's gains of 2.96% and 19.86% respectively [6] Group 3: Trading Volume and Earnings Outlook - CTRE's average 20-day trading volume is 1,416,967 shares, which serves as a bullish indicator when combined with rising stock prices [7] - In the past two months, two earnings estimates for CTRE have increased, raising the consensus estimate from $1.45 to $1.47 [9] - The positive earnings revisions and strong price performance contribute to CTRE's status as a 1 (Strong Buy) stock with a Momentum Score of B [9]