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Why Reinsurance Group (RGA) is a Top Momentum Stock for the Long-Term
RGARGA(RGA) ZACKS·2024-11-07 15:55

Zacks Premium and Style Scores Overview - Zacks Premium offers tools like daily updates of Zacks Rank and Industry Rank, access to Equity Research reports, and Premium stock screens to help investors make informed decisions [1] - Zacks Style Scores complement the Zacks Rank by rating stocks based on value, growth, and momentum characteristics, helping investors identify stocks with high potential to outperform the market [2][3] Zacks Style Scores Breakdown - Value Score: Focuses on identifying undervalued stocks using metrics like P/E, PEG, Price/Sales, and Price/Cash Flow ratios [3] - Growth Score: Evaluates a company's future prospects and financial health by analyzing projected and historic earnings, sales, and cash flow [4] - Momentum Score: Identifies stocks with strong price or earnings trends using factors like one-week price change and monthly percentage change in earnings estimates [4] - VGM Score: Combines Value, Growth, and Momentum Scores to provide a comprehensive rating for stocks, helping investors narrow down the most attractive opportunities [5] Zacks Rank and Style Scores Integration - Zacks Rank uses earnings estimate revisions to rate stocks, with 1 (Strong Buy) stocks delivering an average annual return of +25.41% since 1988, outperforming the S&P 500 [6][7] - Combining Zacks Rank 1 or 2 with Style Scores of A or B maximizes the probability of success, while stocks with 3 (Hold) rank should also have high Style Scores for upside potential [8][9] Reinsurance Group of America (RGA) Analysis - RGA holds a Zacks Rank 2 (Buy) and a VGM Score of A, making it a strong candidate for investors [10] - The company has a Momentum Style Score of B, with shares up 5.2% over the past four weeks, and an average earnings surprise of 17.7% [10][11] - RGA is a global leader in life and health reinsurance and financial solutions, operating across multiple regions including the US, Latin America, Europe, and Asia [12]