Why Medtronic (MDT) is a Top Momentum Stock for the Long-Term

Core Insights - Zacks Premium offers tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to complement the Zacks Rank, providing ratings based on value, growth, and momentum methodologies to identify stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Each stock is rated from A to F based on value, growth, and momentum, with A indicating the highest potential for outperformance [3] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [4] - The Growth Score assesses a company's future prospects through earnings, sales, and cash flow analysis [5] - The Momentum Score identifies stocks with favorable price trends and earnings outlooks, utilizing recent price changes and earnings estimate revisions [6] VGM Score - The VGM Score combines the three Style Scores, providing a comprehensive indicator for investors who utilize multiple investing strategies [6] Zacks Rank Integration - The Zacks Rank employs earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [10] Stock Highlight: Medtronic (MDT) - Medtronic, Inc. is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B [12] - The stock has a Momentum Style Score of A, with a recent price increase of 0.6% over the past four weeks [13] - Analysts have revised earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.01 to $5.46 per share, and an average earnings surprise of 1.8% [13]