Tapestry(TPR) ZACKS·2025-01-22 18:00Momentum Investing Overview - Momentum investing focuses on following a stock's recent trend, aiming to buy high and sell even higher by capitalizing on established price trends [1] Tapestry (TPR) Momentum Analysis - Tapestry holds a Momentum Style Score of B, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), with research showing that stocks with Zacks Rank 1 or 2 and Style Scores of A or B tend to outperform the market over the following one-month period [3] Price Performance - TPR shares are up 6 31% over the past week, outperforming the Zacks Retail - Apparel and Shoes industry, which remained flat during the same period [5] - Monthly price change for TPR is 13 43%, significantly higher than the industry's 1 08% performance [5] - Over the past quarter, TPR shares have risen 51 03%, and are up 96 63% in the last year, compared to the S&P 500's gains of 3 62% and 26 55%, respectively [6] Trading Volume - TPR's average 20-day trading volume is 3,122,885 shares, with rising stock prices and above-average volume generally considered a bullish sign [7] Earnings Estimate Revisions - Over the past two months, 3 earnings estimates for TPR have moved higher for the full year, with no downward revisions, boosting the consensus estimate from 4 64 [9] - For the next fiscal year, 3 estimates have moved upwards with no downward revisions in the same period [9] Conclusion - TPR is a 1 (Strong Buy) stock with a Momentum Score of B, making it a strong candidate for near-term growth [11]