National Health Investors (NHI) 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: Company Overview - National Health Investors (NHI) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - NHI has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Group 2: Price Performance - Over the past week, NHI shares increased by 5.84%, outperforming the Zacks REIT and Equity Trust - Other industry, which rose by 3.92% [6] - In a longer timeframe, NHI shares have risen by 24.15% over the past quarter and 57.29% over the last year, significantly outperforming the S&P 500's gains of 8.19% and 26.56%, respectively [7] Group 3: Trading Volume - NHI's average 20-day trading volume is 259,269 shares, which serves as a bullish indicator when combined with rising stock prices [8] Group 4: Earnings Outlook - In the past two months, two earnings estimates for NHI have been revised upwards, increasing the consensus estimate from $4.40 to$4.52 [10] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions, indicating positive earnings momentum [10]