Why New York Times Co. (NYT) is a Top Momentum Stock for the Long-Term

Core Insights - Zacks Premium offers various tools to help investors make informed decisions and invest confidently in the stock market [1][2] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [3][9] - Each stock is rated from A to F, with A indicating the highest potential for outperforming the market [4] Value Score - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales to find attractive investment opportunities [5] Growth Score - The Growth Score evaluates stocks based on their future earnings potential and overall financial health, analyzing projected and historical earnings, sales, and cash flow [6] Momentum Score - The Momentum Score is designed for traders looking to capitalize on price trends, using factors like recent price changes and earnings estimate revisions to identify high-momentum stocks [7] VGM Score - The VGM Score combines the three Style Scores to identify stocks with the best value, growth prospects, and momentum, making it a strong indicator when used alongside the Zacks Rank [8] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks historically returning an average of +25.41% annually since 1988 [10][12] Stock to Watch: New York Times Co. (NYT) - The New York Times Company operates as a diversified media entity and currently holds a 3 (Hold) Zacks Rank with a VGM Score of B [15] - NYT has a Momentum Style Score of B, with shares increasing by 5.9% over the past four weeks, and an upward revision in earnings estimates for fiscal 2024 [16] - With a solid Zacks Rank and strong Style Scores, NYT is recommended for investors' consideration [17]