Why Generac Holdings (GNRC) is a Top Momentum Stock for the Long-Term

Group 1: Zacks Premium Overview - Zacks Premium offers various tools to help investors make informed decisions, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1] - The service aims to enhance investor confidence and knowledge, providing access to the Zacks Style Scores [1][2] Group 2: Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, providing a rating from A to F, with A indicating the highest potential for outperforming the market [2][3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5] Group 3: Value Score - The Value Score helps value investors identify stocks trading below their true value using financial ratios like P/E, PEG, and Price/Sales [3] Group 4: Growth Score - The Growth Score assesses a company's future prospects by analyzing projected and historical earnings, sales, and cash flow to identify sustainable growth opportunities [4] Group 5: Momentum Score - The Momentum Score focuses on price trends and earnings outlook, utilizing factors like one-week price change and monthly earnings estimate changes to identify high-momentum stocks [4] Group 6: VGM Score - The VGM Score combines the three Style Scores to identify stocks with attractive value, strong growth forecasts, and promising momentum, serving as a useful indicator alongside the Zacks Rank [5] Group 7: Zacks Rank and Stock Selection - The Zacks Rank is a proprietary model that uses earnings estimate revisions to help investors build 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 for optimal success [8] Group 8: Generac Holdings Overview - Generac Holdings Inc, based in Waukesha, WI, is a leading manufacturer of power generation systems and energy management solutions, holding a Zacks Rank of 3 (Hold) with a VGM Score of A [10] - The company has a Momentum Style Score of B, with shares increasing by 1.5% over the past four weeks, and has seen upward revisions in earnings estimates for fiscal 2024 [11]