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Here's Why P10, Inc. (PX) is a Great Momentum Stock to Buy
P10P10(US:PX) ZACKS·2025-01-23 18:01

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: P10, Inc. (PX) - P10, Inc. currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - PX shares have increased by 5.35% over the past week, outperforming the Zacks Financial - Miscellaneous Services industry, which rose by 3.56% [5] - Over the last quarter, PX shares have surged by 19.56%, and over the past year, they have gained 46.83%, while the S&P 500 has only increased by 4.32% and 27.01%, respectively [6] - The average 20-day trading volume for PX is 513,160 shares, indicating a bullish trend with above-average volume [7] Earnings Outlook - In the past two months, two earnings estimates for PX have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $0.89 to $0.94 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions, reflecting a positive earnings outlook [9] Conclusion - Given the strong performance metrics and positive earnings outlook, P10, Inc. is positioned as a solid momentum pick with a Momentum Score of B and a Zacks Rank of 2 (Buy) [10]