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Dole (DOLE) Is Up 1.38% in One Week: What You Should Know
DOLEDole(DOLE) ZACKS·2024-09-16 17:00

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: Dole (DOLE) - Dole currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] - The stock has shown significant price increases, with a 33.78% rise over the past quarter and a 34.89% increase over the last year, outperforming the S&P 500's gains of 3.93% and 27.48% respectively [7] Price Performance - Over the past week, Dole shares increased by 1.38%, while the Zacks Agriculture - Operations industry rose by 2.32% [6] - The monthly price change for Dole is 5.21%, compared to the industry's 1.49% performance [6] Trading Volume - Dole's average 20-day trading volume is 819,063 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for Dole have been revised upwards, increasing the consensus estimate from 1.15to1.15 to 1.21 for the full year [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10]