Atmos Energy (ATO) is a Great Momentum Stock: Should You Buy?

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 momentum by evaluating various metrics [2] Group 2: Atmos Energy (ATO) Performance - Atmos Energy currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, ATO shares increased by 2.48%, outperforming the Zacks Utility - Gas Distribution industry, which rose by 0.93% [6] - In the last quarter, ATO shares gained 6.61%, and over the past year, they increased by 37.08%, while the S&P 500 saw declines of -7.13% and a modest gain of 7% respectively [7] Group 3: Trading Volume and Earnings Outlook - ATO's average 20-day trading volume is 1,088,783 shares, indicating a bullish sign with rising stock prices [8] - In terms of earnings estimates, there have been 2 upward revisions for the current fiscal year, raising the consensus estimate from $7.18 to $7.19, with 3 upward revisions for the next fiscal year and no downward revisions [10]