Here's Why Southern Copper (SCCO) is a Strong Momentum Stock

Core Insights - Zacks Premium provides various tools to enhance stock market investment confidence and knowledge [1] - The Zacks Style Scores offer a unique rating system for stocks based on value, growth, and momentum [3][4] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score [4][5][6][7] - Value Score identifies attractive stocks using ratios like P/E and Price/Sales [4] - Growth Score focuses on a company's financial health and future outlook [5] - Momentum Score helps investors capitalize on price trends [6] - VGM Score combines all three styles to find stocks with the best overall potential [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in stock selection [8] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500 with an average annual return of +25.41% since 1988 [9] - A total of over 800 stocks are rated, making it essential to use Style Scores for optimal selection [10] Stock Example: Southern Copper Corporation (SCCO) - Southern Copper Corporation is engaged in mining and refining copper and other minerals across several countries [12] - SCCO holds a 3 (Hold) rating with a VGM Score of B and a Momentum Style Score of B [12] - Recent upward revisions in earnings estimates indicate a consensus estimate of $4.62 per share for fiscal 2025, with an average earnings surprise of 7.9% [13]