Are You Looking for a Top Momentum Pick? Why Toast (TOST) is a Great Choice

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] Group 1: Momentum Style Score - Toast (TOST) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The Zacks Rank for Toast is 1 (Strong Buy), suggesting a high potential for outperformance in the market [3] Group 2: Price Performance - Over the past week, TOST shares increased by 20.98%, significantly outperforming the Zacks Internet - Software industry, which rose by 5.05% [5] - In a longer timeframe, TOST shares have risen 64.09% over the past quarter and 168.05% over the last year, while the S&P 500 only increased by 12.29% and 37.16%, respectively [6] Group 3: Trading Volume - TOST's average 20-day trading volume is 7,887,547 shares, indicating a bullish sign when combined with rising stock prices [7] Group 4: Earnings Outlook - In the past two months, two earnings estimates for TOST have been revised upwards, improving the consensus estimate from -$0.10 to -$0.07 [9] - For the next fiscal year, two estimates have also moved upwards with no downward revisions, indicating positive earnings momentum [9]