BrightSphere Investment Group (BSIG) Is Up 6.64% in One Week: What You Should Know

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: BrightSphere Investment Group (BSIG) - BSIG currently holds a Momentum Style Score of B, indicating a positive outlook based on price changes and earnings estimate revisions [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, BSIG shares increased by 6.64%, outperforming the Zacks Financial - Investment Management industry, which rose by 1.25% [5] - In the last month, BSIG's shares rose by 9.74%, compared to the industry's 1.89% [5] - Over the past quarter, BSIG shares have risen by 27.17%, and over the last year, they have increased by 69.41%, while the S&P 500 only moved 10.53% and 37.42% respectively [6] Trading Volume - BSIG's average 20-day trading volume is 192,926 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for BSIG has increased, while none have decreased, raising the consensus estimate from $2.31 to $2.59 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Conclusion - Given the positive performance metrics and earnings outlook, BSIG is positioned as a strong momentum pick and is recommended for consideration in the near term [9]