Why American Axle & Manufacturing (AXL) is a Top Momentum Stock for the Long-Term

Company Overview - American Axle & Manufacturing Holdings, Inc. is a leading supplier of driveline and drivetrain systems, modules, and components for the light vehicle market, operating around 80 facilities in 18 countries [10] - Major customers include General Motors, Stellantis, and Ford [10] Investment Ratings - AXL is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A [11] - The stock has a Momentum Style Score of B, with shares increasing by 9.3% over the past four weeks [11] Earnings Estimates - Three analysts have revised their earnings estimates higher for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.01 to$0.35 per share [11] - AXL has an impressive average earnings surprise of 933.4% [11] Investment Potential - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, AXL is recommended for investors' short lists [12]