Here's Why Jackson Financial (JXN) is a Great Momentum Stock to Buy

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Jackson Financial (JXN) - Jackson Financial currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [4] Performance Metrics - Over the past week, JXN shares increased by 10.14%, outperforming the Zacks Financial - Miscellaneous Services industry, which rose by 4.65% [6] - In a longer timeframe, JXN's monthly price change is 11.12%, compared to the industry's 4.07% [6] - Over the past quarter, JXN shares have risen by 30.41%, and over the last year, they have increased by 144.41%, while the S&P 500 has only moved 12.29% and 37.16% respectively [7] Trading Volume - JXN's average 20-day trading volume is 690,716 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, two earnings estimates for JXN have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $18.49 to$18.80 [10] - For the next fiscal year, two estimates have also moved upwards without any downward revisions [10]