Are You Looking for a Top Momentum Pick? Why Zions (ZION) is a Great Choice

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 define momentum characteristics, with Zions (ZION) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank, which has a strong track record of outperforming the market, with Zions rated 2 (Buy) [3] Group 2: Zions' Performance Metrics - Zions shares have increased by 1.03% over the past week, while the Zacks Banks - West industry remained flat [5] - Over the past month, Zions' shares rose by 6.41%, significantly outperforming the industry's 0.08% [5] - In the last quarter, Zions shares increased by 12.98%, and over the past year, they gained 28.65%, compared to the S&P 500's 3.88% and 24.54% respectively [6] Group 3: Trading Volume and Earnings Outlook - Zions' average 20-day trading volume is 1,114,925 shares, indicating a bullish sign with rising stock prices [7] - In the past two months, 8 earnings estimates for Zions moved higher, increasing the consensus estimate from $4.89 to $5.15 [9] - For the next fiscal year, 4 estimates have moved upwards, while 2 have been revised downwards [9] Group 4: Conclusion - Zions is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a promising pick for near-term investment [11]