Are You Looking for a Top Momentum Pick? Why Coca-Cola European (CCEP) 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 define momentum characteristics, with Coca-Cola European (CCEP) currently holding a Momentum Style Score of B [2][3] Group 2: Performance Metrics - CCEP shares have increased by 1.82% over the past week, while the Zacks Beverages - Soft drinks industry has decreased by 0.19% during the same period [5] - Over the last quarter, CCEP shares have risen by 12.69%, and by 23.32% over the past year, outperforming the S&P 500, which has moved -4.38% and 9.82% respectively [6] Group 3: Trading Volume and Earnings Outlook - CCEP's average 20-day trading volume is 3,705,845 shares, indicating a bullish sign with rising stock prices [7] - In the past two months, four earnings estimates for CCEP have increased, raising the consensus estimate from $4.30 to $4.44 [9] Group 4: Conclusion - CCEP is rated as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]