BankUnited, Inc. (BKU) 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] Company Overview: BankUnited, Inc. (BKU) - BankUnited, Inc. currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3] - The company has a Zacks Rank of 2 (Buy), which is associated with a strong track record of outperformance [4] Performance Metrics - Over the past week, BKU shares increased by 0.61%, outperforming the Zacks Banks - Major Regional industry, which rose by 0.31% [6] - In the last month, BKU's price change was 1.9%, compared to the industry's 2.22% [6] - Over the past quarter, BKU shares have risen by 31.75%, and over the last year, they are up 56.92%, significantly outperforming the S&P 500, which increased by 3.26% and 28.26% respectively [7] Trading Volume - BKU's average 20-day trading volume is 517,304 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 BKU have been revised upwards, increasing the consensus estimate from $2.83 to $2.88 [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10]