Nomura Holdings (NMR) Is Up 3.51% in One Week: What You Should Know

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][2]. Company Overview: Nomura Holdings (NMR) - Nomura Holdings currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3]. - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4]. Price Performance - NMR shares have increased by 3.51% over the past week, outperforming the Zacks Financial - Investment Bank industry, which rose by 0.24% [6]. - Over the last month, NMR's price change is 21.18%, significantly higher than the industry's 6.84% [6]. - In the past quarter, NMR shares rose by 21.39%, and over the last year, they increased by 27.37%, while the S&P 500 only moved 5.14% and 24.19%, respectively [7]. Trading Volume - NMR's average 20-day trading volume is 604,871 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, one earnings estimate for NMR has increased, while none have decreased, raising the consensus estimate from $0.61 to $0.76 [10]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10]. Conclusion - Given the strong momentum indicators and positive earnings outlook, NMR is recommended as a solid pick for investors seeking short-term gains [12].