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Are You Looking for a Top Momentum Pick? Why Intercorp Financial Services Inc. (IFS) is a Great Choice

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Overview: Intercorp Financial Services Inc. (IFS) - IFS currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3][12] - The company has a Zacks Rank of 2 (Buy), which is associated with a strong track record of outperformance [4][12] Performance Metrics - IFS shares have increased by 9.2% over the past week, while the Zacks Financial - Miscellaneous Services industry remained flat [6] - Over the past month, IFS's price change is 14.79%, significantly outperforming the industry's 3.99% [6] - In the last quarter, IFS shares rose by 14.91%, and over the past year, they gained 36.93%, compared to the S&P 500's increases of 1.24% and 22.19%, respectively [7] Trading Volume - The average 20-day trading volume for IFS is 183,952 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for IFS have increased, while none have decreased, raising the consensus estimate from $4.16 to $4.23 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions [10]