Are You Looking for a Top Momentum Pick? Why Origin Bancorp (OBK) is a Great Choice

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 define momentum characteristics, with Origin Bancorp (OBK) currently holding a Momentum Style Score of A [2] - The Zacks Rank system complements the Style Scores, with OBK rated 1 (Strong Buy), indicating potential for outperformance in the market [3] Group 2: Performance Metrics - OBK shares have increased by 7.8% over the past week, significantly outperforming the Zacks Banks - Southeast industry, which rose by only 0.03% [5] - Over a longer timeframe, OBK's monthly price change is 15.32%, compared to the industry's 2.03% [5] - In the past quarter, OBK shares rose by 8.02%, and over the last year, they gained 25.87%, while the S&P 500 saw increases of 3.85% and 24.08%, respectively [6] Group 3: Trading Volume and Earnings Outlook - OBK's average 20-day trading volume is 155,425 shares, indicating a bullish sign when combined with rising stock prices [7] - In the last two months, four earnings estimates for OBK have increased, raising the consensus estimate from $2.44 to$3.02 [9] - For the next fiscal year, one estimate has moved upwards, with no downward revisions, suggesting a positive earnings outlook [9] Group 4: Conclusion - Considering the performance metrics and positive earnings outlook, OBK is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a strong candidate for near-term investment [11]