Sabre (SABR) is a Great Momentum Stock: Should You Buy?

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Sabre (SABR) - Sabre currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3][11]. - The company has a Zacks Rank of 2 (Buy), which is associated with a strong track record of outperformance [4]. Performance Metrics - Over the past week, Sabre's shares have increased by 27.32%, while the Zacks Internet - Software and Services industry has declined by 4.28% [6]. - In the last month, Sabre's stock price has risen by 23.28%, compared to the industry's modest increase of 1.13% [6]. - Over the past three months, Sabre's shares have appreciated by 10.43%, and they have surged by 58.24% over the last year, while the S&P 500 has shown a decline of 0.97% and an increase of 18.46%, respectively [7]. Trading Volume - Sabre's average 20-day trading volume is 4,354,398 shares, which serves as a useful indicator of price movement and market interest [8]. Earnings Outlook - Recent earnings estimate revisions for Sabre show one upward revision and one downward revision for the full year, leading to an increase in the consensus estimate from $0.19 to$0.21 over the past 60 days [10]. - For the next fiscal year, there has been one upward revision with no downward revisions during the same period [10].