HF FOODS GROUP INC. (HFFG) is a Great Momentum Stock: Should You Buy?

Company Overview - HF Foods Group Inc. (HFFG) 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 compared to the market [4] Performance Metrics - HFFG shares have increased by 59.55% over the past week, significantly outperforming the Zacks Food - Miscellaneous industry, which rose by only 0.07% during the same period [6] - Over the past month, HFFG's price change is 155.68%, while the industry has seen a mere 0.01% increase [6] - In the last quarter, HFFG shares rose by 46.89%, and over the past year, they gained 35.14%, contrasting with the S&P 500's performance of -4.38% and 9.82%, respectively [7] Trading Volume - The average 20-day trading volume for HFFG is 289,293 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for HFFG has been revised upward, while none have been lowered, leading to an increase in the consensus estimate from $0.43 to $0.50 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10] Conclusion - Considering the strong performance metrics and positive earnings outlook, HFFG is positioned as a promising momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [12]