Opera Limited Sponsored ADR (OPRA) is a Great Momentum Stock: Should You Buy?

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps identify effective metrics for assessing momentum in stocks [1] Group 2: Opera Limited (OPRA) Performance - Opera Limited Sponsored ADR (OPRA) currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy) [2] - OPRA shares have increased by 6.48% over the past week, while the Zacks Internet - Content industry has decreased by 0.48% during the same period [3] - Over the last quarter, OPRA shares have risen by 32.6%, and over the past year, they have gained 45.61%, compared to the S&P 500's increases of 6.14% and 37.61%, respectively [3] Group 3: Trading Volume and Earnings Outlook - OPRA's average 20-day trading volume is 358,841 shares, which is a useful indicator for assessing price movements [4] - In the past two months, one earnings estimate for OPRA has increased, raising the consensus estimate from $0.78 to $0.88 [5] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions [5]