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 investors identify stocks with momentum by focusing on key metrics [2] Group 2: Morgan Stanley's Performance - Morgan Stanley (MS) currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - MS has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] - Over the past week, MS shares increased by 11.68%, outperforming the Zacks Financial - Investment Bank industry, which rose by 7.51% [6] - In the last quarter, MS shares rose by 17.96%, and over the past year, they gained 61.55%, significantly outperforming the S&P 500's increases of 2.93% and 28.08% respectively [7] Group 3: Trading Volume and Earnings Outlook - MS's average 20-day trading volume is 5,487,322 shares, indicating strong interest and potential bullish momentum [8] - In the past two months, 6 earnings estimates for MS have been revised upwards, raising the consensus estimate from 8.06 [10] - For the next fiscal year, 4 estimates have increased while 1 has decreased, reflecting positive earnings outlook [10] Group 4: Conclusion - Given its strong performance metrics and positive earnings revisions, MS is recommended as a solid momentum pick for investors [12]
Are You Looking for a Top Momentum Pick? Why Morgan Stanley (MS) is a Great Choice