Are You Looking for a Top Momentum Pick? Why Intrepid Potash (IPI) is a Great Choice

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 investors identify stocks with strong momentum by evaluating various metrics [2] Group 2: Intrepid Potash (IPI) Performance - Intrepid Potash currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, IPI shares increased by 2.35%, while the Zacks Fertilizers industry declined by 1.78% [6] - In the last month, IPI's price change was 3.2%, outperforming the industry's 0.63% [6] - IPI shares have risen by 5.63% over the past quarter and 16.78% over the last year, compared to the S&P 500's performance of -5.43% and 13.83%, respectively [7] Group 3: Trading Volume and Earnings Outlook - IPI's average 20-day trading volume is 131,979 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In terms of earnings outlook, there has been one upward revision in earnings estimates for the current fiscal year, raising the consensus estimate from -$0.45 to -$0.16 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions noted [10] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, Intrepid Potash is positioned as a solid momentum pick for investors [12]