Synchrony (SYF) Is Up 2.73% in One Week: What You Should Know

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 Synchrony (SYF) currently holding a Momentum Style Score of B [2] Group 2: Synchrony (SYF) Performance Metrics - SYF shares have increased by 2.73% over the past week, outperforming the Zacks Financial - Miscellaneous Services industry, which rose by 0.1% [5] - Over the last month, SYF's price change is 6.47%, significantly better than the industry's 0.88% [5] - In the last quarter, SYF shares rose by 7.47%, and over the past year, they have surged by 79.93%, while the S&P 500 increased by only 4.7% and 24.79% respectively [6] Group 3: Trading Volume and Earnings Outlook - SYF's average 20-day trading volume is 3,096,775 shares, indicating a bullish sign if the stock is rising with above-average volume [7] - In the past two months, 6 earnings estimates for SYF have been revised upwards, increasing the consensus estimate from $6.41 to$6.95 [9] - For the next fiscal year, 4 estimates have moved up while 1 has been revised down [9] Group 4: Overall Assessment - SYF is rated as a 2 (Buy) stock with a Momentum Score of B, indicating strong potential for near-term gains [11]