Why C.H. Robinson Worldwide (CHRW) is a Top Momentum Stock for the Long-Term
C.H. RobinsonC.H. Robinson(US:CHRW) ZACKS·2024-10-15 14:50

Core Insights - Zacks Premium offers tools to enhance investor confidence and market engagement through daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] - Each stock receives a rating from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Cash Flow [3][4] Growth Score - The Growth Score evaluates stocks based on projected and historical earnings, sales, and cash flow to find those with sustainable growth potential [4] Momentum Score - The Momentum Score assesses stocks based on price trends and earnings estimate changes, indicating optimal times to invest in high-momentum stocks [4] VGM Score - The VGM Score combines Value, Growth, and Momentum Scores, serving as a comprehensive indicator for stock selection alongside the Zacks Rank [5] Zacks Rank - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in portfolio creation, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988 [6][7] Stock Selection Strategy - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while also considering earnings outlook changes [8][9] Company Spotlight: C.H. Robinson Worldwide - C.H. Robinson Worldwide Inc. is a third-party logistics company providing freight transportation and logistics solutions, currently rated 3 (Hold) with a VGM Score of B [10] - The company has a Momentum Style Score of A, with shares increasing by 9.8% over the past four weeks, and an upward revision in earnings estimates for fiscal 2024 [11]