Imperial Tobacco Group PLC (IMBBY) is a Great Momentum Stock: Should You Buy?

Core 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] Company Overview: Imperial Tobacco Group PLC (IMBBY) - IMBBY currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3][12] - The company has a Zacks Rank of 2 (Buy), which is associated with a strong track record of outperformance [4] Price Performance - Over the past week, IMBBY shares increased by 4.78%, outperforming the Zacks Tobacco industry, which rose by 2.48% [6] - In the last month, IMBBY's price change was 10.22%, significantly better than the industry's 1.55% [6] - Over the past quarter, IMBBY shares rose by 22.19%, and over the last year, they increased by 77.71%, while the S&P 500 saw declines of -10.88% and a modest increase of 5.91%, respectively [7] Trading Volume - IMBBY's average 20-day trading volume is 159,373 shares, which serves as a price-to-volume baseline; a rising stock with above-average volume is generally seen as bullish [8] Earnings Outlook - Recent earnings estimate revisions show positive trends, with one estimate moving higher for the full year, raising the consensus estimate from $4.09 to $4.13 over the past 60 days [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [10]