Why Interactive Brokers Group, Inc. (IBKR) is a Top Momentum Stock for the Long-Term

Group 1 - Zacks Premium offers various tools for investors, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to enhance investment confidence [1] - The Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, providing ratings from A to F, where A indicates a higher chance of outperforming the market [2][3] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E, PEG, and Price/Sales to highlight attractive investment opportunities [2] - The Growth Score emphasizes a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow for sustainable growth [3] - The Momentum Score helps investors capitalize on price trends by assessing recent price changes and earnings estimate revisions [3] - The VGM Score combines the three Style Scores to identify stocks with the best value, growth potential, and momentum, serving as a strong indicator alongside the Zacks Rank [4] Group 2 - The Zacks Rank is a proprietary stock-rating model that utilizes earnings estimate revisions to facilitate portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal return potential, while also considering earnings estimate revisions as a key factor in stock selection [6] - Interactive Brokers Group, Inc. (IBKR) is highlighted as a stock to watch, holding a Zacks Rank of 2 (Buy) and a VGM Score of B, with a Momentum Style Score of A and a 9.2% increase in shares over the past four weeks [7] - IBKR's earnings estimate for fiscal 2024 has been revised upwards by four analysts, with the Zacks Consensus Estimate increasing by $0.08 to $6.89 per share, and the company has an average earnings surprise of 0.4% [7]