Brown & Brown(BRO) ZACKS·2025-03-27 17:01Core 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: Brown & Brown (BRO) - Brown & Brown currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3]. - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook based on historical performance metrics [4]. Performance Metrics - Over the past week, BRO shares increased by 0.27%, matching the performance of the Zacks Insurance - Brokerage industry [6]. - In a longer timeframe, BRO's shares rose by 6.08% over the past month, outperforming the industry's 2.56% [6]. - Over the last quarter, BRO shares increased by 19.36%, and over the past year, they gained 39.55%, while the S&P 500 saw movements of -5.11% and 11.13%, respectively [7]. Trading Volume - BRO's average 20-day trading volume is 1,939,943 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, 7 earnings estimates for BRO have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from 4.19 [10]. - For the next fiscal year, 3 estimates have also moved upwards, indicating positive sentiment regarding future earnings [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, BRO is positioned as a promising investment opportunity with a Momentum Score of A [12].