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Are You Looking for a Top Momentum Pick? Why Meta Platforms (META) is a Great Choice
METAMeta Platforms(META) ZACKS·2025-02-21 18:00

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to capitalize on established price movements for profitable trades [1] Company Overview: Meta Platforms (META) - Meta Platforms currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Price Performance - Over the past week, META shares increased by 3.1%, outperforming the Zacks Internet - Software industry, which rose by 0.71% [5] - In a longer timeframe, META's shares have risen by 22.07% over the past quarter and 42.93% over the last year, compared to the S&P 500's increases of 3.73% and 24.43%, respectively [6] Trading Volume - META's average 20-day trading volume is 17,022,064 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the last two months, 10 earnings estimates for META have been revised upwards, while 7 have been revised downwards, leading to an increase in the consensus estimate from 25.18to25.18 to 26.70 [9] - For the next fiscal year, there have been 6 upward revisions and 6 downward revisions in earnings estimates [9] Conclusion - Considering the strong momentum indicators and positive earnings outlook, META is identified as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]