Genpact (G) is a Great Momentum Stock: Should You Buy?

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Genpact (G) currently holding a Momentum Style Score of B [2] - The Zacks Rank system complements Style Scores, with Genpact rated 2 (Buy), indicating potential for outperformance in the market [3] Group 2: Genpact's Performance Metrics - Genpact's shares have increased by 3.13% over the past week, outperforming the Zacks Outsourcing industry, which rose by 1.06% [6] - Over the last quarter, Genpact's shares rose by 20.86%, and over the past year, they increased by 38.89%, compared to the S&P 500's gains of 7.52% and 33.61% respectively [7] - The average 20-day trading volume for Genpact is 1,616,415 shares, indicating a bullish sign when combined with rising stock prices [8] Group 3: Earnings Outlook - Recent earnings estimate revisions for Genpact show 6 estimates moving higher and none lower, increasing the consensus estimate from $3.15 to$3.22 over the past 60 days [10] - For the next fiscal year, 5 estimates have also moved upwards with no downward revisions, indicating a positive earnings outlook [10] Group 4: Conclusion - Given the positive momentum indicators and earnings outlook, Genpact is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]