Netflix(NFLX) ZACKS·2025-01-30 18:05Momentum 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] - The Zacks Momentum Style Score helps identify momentum stocks by evaluating key metrics like price change and earnings estimate revisions [2][3] Netflix (NFLX) Momentum Analysis - Netflix currently has a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for market outperformance [3][4] - NFLX shares have risen 13.92% over the past week, significantly outperforming the Zacks Broadcast Radio and Television industry's 2.09% gain [6] - Over the past quarter, NFLX shares have increased 25.37%, and over the past year, they have gained 73.4%, far exceeding the S&P 500's 3.85% and 24.08% gains, respectively [7] - NFLX's 20-day average trading volume is 4,143,005 shares, with rising stock prices and above-average volume signaling bullish momentum [8] Earnings Estimate Revisions - Over the past two months, 12 earnings estimates for NFLX have been revised higher for the full year, with no downward revisions, boosting the consensus estimate from 24.58 [10] - For the next fiscal year, 9 estimates have been revised upwards, with no downward revisions, further supporting NFLX's positive momentum [10] Conclusion - Netflix's strong momentum, supported by price performance, trading volume, and upward earnings estimate revisions, makes it a promising momentum pick [11][12]