Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Compass, Inc. (COMP) currently holding a Momentum Style Score of A [2] Group 2: Zacks Rank and Performance - Compass, Inc. has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3] - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B tend to outperform the market over the following month [3] Group 3: Price Performance - COMP shares have increased by 6.3% over the past week, significantly outperforming the Zacks Internet - Software industry, which rose by 0.71% [5] - Over the past quarter, COMP shares have risen by 35.83%, and over the last year, they have gained 187.65%, while the S&P 500 has only moved 3.73% and 24.43%, respectively [6] Group 4: Trading Volume - The average 20-day trading volume for COMP is 6,794,415 shares, indicating a bullish sign as rising stocks with above-average volume are generally viewed positively [7] Group 5: Earnings Outlook - In the past two months, two earnings estimates for COMP have increased, raising the consensus estimate from 0.09 [9] - For the next fiscal year, two estimates have moved upwards while one has been revised downwards [9] Group 6: Conclusion - Given the strong performance metrics and positive earnings outlook, COMP is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a promising investment option [11]
Are You Looking for a Top Momentum Pick? Why Compass, Inc. (COMP) is a Great Choice