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Here's Why Integer (ITGR) is a Strong Momentum Stock
Integer Integer (US:ITGR) ZACKSยท2024-09-10 14:56

Group 1 - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2][8] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market over the next 30 days, based on value, growth, and momentum characteristics [2][3][4] Group 2 - Each stock is rated from A to F, with A indicating the highest potential for outperformance, and the Style Scores are categorized into Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5] - The Value Score focuses on identifying undervalued stocks using financial ratios, while the Growth Score emphasizes a company's financial health and future growth potential [3][4] - The Momentum Score assesses stocks based on price trends and earnings estimate changes, helping investors identify favorable buying opportunities [4][9] Group 3 - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [6][7] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize upside potential [9][10] Group 4 - Integer Holdings Corporation (ITGR) is highlighted as a stock to watch, currently rated 3 (Hold) with a VGM Score of A and a Momentum Style Score of B, having increased by 7.8% over the past four weeks [11][12] - ITGR's earnings estimate for fiscal 2024 has been revised upwards by five analysts, with the consensus estimate rising by $0.04 to $5.31 per share, and it has an average earnings surprise of 7.8% [12]