Are You Looking for a Top Momentum Pick? Why Kratos (KTOS) is a Great Choice

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] Company Overview: Kratos (KTOS) - Kratos currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [2][3] - The company has a Zacks Rank of 2 (Buy), which historically outperforms the market when combined with a Style Score of A or B [3] Price Performance - Over the past week, KTOS shares increased by 0.75%, while the Zacks Aerospace - Defense Equipment industry rose by 1.45% [5] - In the last month, KTOS shares have appreciated by 7.71%, slightly outperforming the industry's 7.69% [5] - Over the past quarter, KTOS shares rose by 8.35%, and over the last year, they increased by 41.3%, compared to the S&P 500's gains of 5.01% and 23.98%, respectively [6] Trading Volume - KTOS has an average 20-day trading volume of 954,998 shares, which serves as a bullish indicator when the stock is rising with above-average volume [7] Earnings Outlook - In the past two months, 3 earnings estimates for KTOS have been revised upwards, while 1 estimate was revised downwards, leading to an increase in the consensus estimate from $0.39 to $0.47 [9] - For the next fiscal year, there have been 3 upward revisions and 1 downward revision in earnings estimates [9]