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Are You Looking for a Top Momentum Pick? Why Williams-Sonoma (WSM) is a Great Choice
WSMWilliams-Sonoma(WSM) ZACKS·2025-01-21 18:00

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy 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: Williams-Sonoma (WSM) Performance - Williams-Sonoma currently has a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, WSM shares increased by 2.98%, while the Zacks Retail - Home Furnishings industry rose by 4.48% [6] - In the last month, WSM's price changed by 8.74%, outperforming the industry's 3.67% [6] - Over the past quarter, WSM shares have risen by 53.08%, and over the last year, they are up 93.55%, significantly outperforming the S&P 500's gains of 2.54% and 25.42% respectively [7] Group 3: Trading Volume and Earnings Outlook - WSM's average 20-day trading volume is 1,082,415 shares, which is a bullish indicator when combined with rising stock prices [8] - Recent earnings estimate revisions for WSM show one upward revision for the current fiscal year, increasing the consensus estimate from 8.18to8.18 to 8.33 [10] - For the next fiscal year, two estimates have moved upwards with no downward revisions, indicating positive earnings momentum [10] Group 4: Conclusion - Considering the strong performance metrics and positive earnings outlook, WSM is positioned as a solid momentum pick with a 2 (Buy) rating and a Momentum Score of B [12]