Aflac (AFL) Is Up 2.46% in One Week: What You Should Know

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps identify effective metrics for assessing momentum in stocks, addressing the challenges investors face in defining momentum [1] Group 2: Aflac's Momentum Style Score - Aflac (AFL) currently holds a Momentum Style Score of B, indicating potential for solid momentum [2] - The Zacks Rank for Aflac is 2 (Buy), with research showing that stocks rated 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B tend to outperform the market in the following month [2] Group 3: Aflac's Price Performance - Aflac shares have increased by 2.46% over the past week, outperforming the Zacks Insurance - Accident and Health industry, which rose by 2.31% [3] - Over the past month, Aflac's price change is 14.1%, significantly higher than the industry's 4.42% [3] - In the last quarter, Aflac shares rose by 23.14%, and over the past year, they gained 45.73%, while the S&P 500 increased by 5.71% and 27.74%, respectively [4] Group 4: Trading Volume and Earnings Outlook - Aflac's average 20-day trading volume is 2,354,504 shares, indicating a bullish sign with rising stock prices on above-average volume [4] - In terms of earnings estimates, 7 estimates for Aflac have been revised upwards in the past two months, raising the consensus estimate from $6.46 to $6.73 [5] - For the next fiscal year, 7 estimates have also moved upwards, with no downward revisions during the same period [5] Group 5: Conclusion - Aflac is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [6][7]