What Makes PAR Technology (PAR) a Strong Momentum Stock: Buy Now?

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher [1] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum, addressing the challenge of defining momentum [2] Group 2: PAR Technology Analysis - PAR Technology currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy) [3][4] - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B tend to outperform the market over the following month [4] Group 3: Performance Metrics - PAR shares have increased by 7.04% over the past week, outperforming the Zacks Computer - Integrated Systems industry, which rose by 5.71% [7] - Over the past quarter, PAR shares have gained 43.38%, and over the last year, they have increased by 102.7%, while the S&P 500 has only moved 7.42% and 32.55%, respectively [8] Group 4: Trading Volume and Earnings Outlook - PAR's average 20-day trading volume is 567,568 shares, indicating a bullish sign with rising stock prices [9] - In the past two months, one earnings estimate for PAR has moved higher, increasing the consensus estimate from -$0.83 to -$0.81 [11]