What Makes BrightSphere Investment Group (BSIG) 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, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with BrightSphere Investment Group (BSIG) currently holding a Momentum Style Score of B [2][3] Group 2: BrightSphere Investment Group Performance - BSIG has a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3] - Over the past week, BSIG shares increased by 0.68%, matching the performance of the Zacks Financial - Investment Management industry [6] - In the last quarter, BSIG shares rose by 32.36%, and over the past year, they increased by 72.54%, significantly outperforming the S&P 500's gains of 9.71% and 33.24% respectively [7] Group 3: Trading Volume and Earnings Outlook - BSIG's average 20-day trading volume is 213,760 shares, which is a useful indicator of market interest and price movement [8] - In the past two months, one earnings estimate for BSIG increased, raising the consensus estimate from $2.31 to $2.59, with no downward revisions [10] - Given these factors, BSIG is positioned as a strong buy with a Momentum Score of B, making it a notable pick for potential near-term gains [11]