Here's Why Trip.com (TCOM) is a Great Momentum Stock to Buy
ZACKS·2024-10-09 17:02

Group 1: Company Overview - Trip.com (TCOM) currently holds a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy) [2][6] - The company has seen significant price increases, with shares up 11.59% over the past week and 30.61% over the past month [3] - Over the past quarter, TCOM shares have risen 29.21%, and they are up 79.56% in the last year, outperforming the S&P 500 which moved 3.54% and 35.24% respectively [4] Group 2: Market Performance - TCOM's average 20-day trading volume is 7,454,343 shares, indicating strong market interest [4] - The Zacks Leisure and Recreation Services industry has remained flat over the past week, contrasting with TCOM's performance [3] Group 3: Earnings Outlook - In the past two months, one earnings estimate for TCOM has moved higher, increasing the consensus estimate from $3.16 to $3.36 [5] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [5]