Why Devon Energy (DVN) is a Top Momentum Stock for the Long-Term

Core Insights - Zacks Premium offers various tools to help investors make informed decisions and enhance their confidence in the stock market [1] - The Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, aiding investors in selecting securities with high potential for market outperformance [2][3] Zacks Style Scores Overview - Stocks are rated from A to F based on their value, growth, and momentum characteristics, with A indicating the highest potential for outperformance [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Value Score - The Value Score identifies attractive stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, targeting undervalued stocks [3] Growth Score - The Growth Score assesses stocks based on projected and historical earnings, sales, and cash flow, focusing on companies with sustainable growth potential [4] Momentum Score - The Momentum Score evaluates stocks based on price trends and earnings estimate changes, helping investors capitalize on upward or downward price movements [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988 [7][8] Stock to Watch: Devon Energy - Devon Energy Corporation, an independent energy company, is rated 2 (Buy) on the Zacks Rank and has a VGM Score of B [12] - The company has a Momentum Style Score of A, with shares increasing by 4.3% over the past four weeks, and upward revisions in earnings estimates for fiscal 2025 [13]