Primerica (PRI) is a Great Momentum Stock: Should You Buy?

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] Group 1: Momentum Style Score - Primerica (PRI) currently holds a Momentum Style Score of B, indicating potential for solid momentum investing [3] - The Zacks Rank for Primerica is 2 (Buy), suggesting a favorable outlook based on historical performance metrics [4] Group 2: Price Performance - Over the past week, PRI shares increased by 1.43%, while the Zacks Insurance - Life Insurance industry rose by 1.78% [6] - In the last month, PRI's price change was 6.54%, compared to the industry's 6.97% [6] - Over the past quarter, PRI shares have risen by 16.27%, and by 28.74% over the last year, outperforming the S&P 500's gains of 8.19% and 26.56%, respectively [7] Group 3: Trading Volume - PRI's average 20-day trading volume is 113,749 shares, which serves as a baseline for price-to-volume analysis [8] Group 4: Earnings Outlook - In the last two months, five earnings estimates for PRI have been revised upwards, with no downward revisions, increasing the consensus estimate from $17.66 to $17.92 [10] - For the next fiscal year, five estimates have also moved upwards without any downward revisions [10]