Are You Looking for a Top Momentum Pick? Why ServisFirst Bancshares (SFBS) is a Great Choice

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, leveraging established price movements for profitable trades [1]. Company Overview: ServisFirst Bancshares (SFBS) - SFBS currently holds a Momentum Style Score of A, indicating strong momentum characteristics [1]. - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a historical outperformance in the market [2]. Performance Metrics - Over the past week, SFBS shares increased by 4.46%, outperforming the Zacks Financial - Savings and Loan industry, which rose by 1.91% [3]. - In a longer timeframe, SFBS shares have appreciated by 6.38% monthly, compared to the industry's 2.36% [3]. - Over the last quarter, SFBS shares rose by 4.91%, and over the past year, they gained 81.62%, while the S&P 500 increased by 4.71% and 39.26%, respectively [3]. Trading Volume - The average 20-day trading volume for SFBS is 166,172 shares, which serves as a bullish indicator when combined with rising stock prices [3]. Earnings Outlook - In the last two months, two earnings estimates for SFBS have been revised upwards, raising the consensus estimate from $3.82 to $4.09 [4]. - For the next fiscal year, two estimates have also moved higher, with no downward revisions noted [4]. Conclusion - Given the strong performance metrics and positive earnings outlook, SFBS is positioned as a solid momentum pick and is recommended for consideration in the near term [4].