BGC Group (BGC) 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 investors identify effective metrics for momentum, addressing the challenges in defining momentum [2] Group 2: BGC Group Performance - BGC Group currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] - Over the past week, BGC shares increased by 8.3%, while the Zacks Financial - Investment Bank industry remained flat [6] - BGC shares have risen 11.56% in the last quarter and 65.52% over the past year, significantly outperforming the S&P 500, which increased by 7.29% and 32.85% respectively [7] Group 3: Trading Volume and Earnings Outlook - BGC's average 20-day trading volume is 3,076,542 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In the past two months, one earnings estimate for BGC has increased, raising the consensus estimate from $0.92 to $0.99, with no downward revisions [10]