Here's Why CMS Energy (CMS) is a Great Momentum Stock to 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] Company Overview: CMS Energy - CMS Energy has a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company currently holds a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance [3] Performance Metrics - Over the past week, CMS shares increased by 2.18%, outperforming the Zacks Utility - Electric Power industry, which rose by 1.06% [5] - In the last month, CMS shares rose by 11.4%, compared to the industry's 4.5% [5] - Over the past quarter, CMS shares have risen by 9.48%, and over the last year, they are up 25.59%, while the S&P 500 has moved -2.97% and 15.34% respectively [6] Trading Volume - CMS's average 20-day trading volume is 2,276,481 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 3 earnings estimates for CMS have increased, while only 1 has decreased, raising the consensus estimate from $3.59 to $3.60 [9] - For the next fiscal year, 4 estimates have moved upwards with no downward revisions [9] Conclusion - Given the positive performance metrics and earnings outlook, CMS Energy is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]