Here's Why Raymond James Financial, Inc. (RJF) is a Great Momentum Stock to Buy

Company Overview - Raymond James Financial, Inc. (RJF) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [4] Price Performance - RJF shares have increased by 8.3% over the past week, outperforming the Zacks Financial - Investment Bank industry, which rose by 7.51% [6] - Over the past month, RJF's price change is 7.19%, compared to the industry's 5.6% [6] - In the last quarter, RJF shares have gained 12.72%, and over the past year, they have increased by 47.12%, while the S&P 500 has only moved 2.54% and 25.42%, respectively [7] Trading Volume - RJF's average 20-day trading volume is 758,410 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, 7 earnings estimates for RJF have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $10.83 to $11.02 [10] - For the next fiscal year, 5 estimates have also moved upwards, with no downward revisions during the same period [10] Conclusion - Considering the strong price performance, positive earnings outlook, and high Momentum Style Score, RJF is positioned as a promising investment opportunity [12]