Here's Why ICICI Bank Limited (IBN) is a Strong Momentum Stock

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies and confidence [1][2] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks likely to outperform the market in the next 30 days [3][4] - Each stock is rated from A to F, with A indicating the highest potential for outperformance [4] Categories of Style Scores - Value Score: Focuses on identifying undervalued stocks using ratios like P/E, PEG, and Price/Sales [5] - Growth Score: Analyzes projected and historical earnings, sales, and cash flow to find stocks with sustainable growth [6] - Momentum Score: Utilizes price changes and earnings estimate trends to identify stocks with upward momentum [7] - VGM Score: Combines all three Style Scores to highlight stocks with attractive value, growth forecasts, and promising momentum [8] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in building a successful portfolio [9] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [10] Stock Example: ICICI Bank Limited - ICICI Bank Limited, headquartered in Mumbai, India, offers a range of banking products and services [15] - Currently rated 3 (Hold) with a VGM Score of B, it has a Momentum Style Score of A and has seen a 4.4% increase in shares over the past four weeks [16] - The Zacks Consensus Estimate for fiscal 2025 has increased by $0.01 to$1.52 per share, with an average earnings surprise of 4.4% [16][17]