Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Travelzoo (TZOO) currently holding a Momentum Style Score of B [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market, with TZOO rated as 1 (Strong Buy) [3] Group 2: Travelzoo Performance Metrics - TZOO shares have increased by 29.74% over the past week, significantly outperforming the Zacks Internet - Commerce industry, which rose by 2.7% [5] - Over the last three months, TZOO shares have risen by 88.22%, and over the past year, they have gained 144.59%, while the S&P 500 only moved 2.71% and 27.66% respectively [6] - The average 20-day trading volume for TZOO is 120,764 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook - In the past two months, two earnings estimates for TZOO have increased, raising the consensus estimate from $0.92 to $0.97 [9] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [9] - Considering these factors, TZOO is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a promising near-term investment [9]
Travelzoo (TZOO) is a Great Momentum Stock: Should You Buy?