Here's Why Central Garden (CENT) is a Strong Momentum Stock

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors identify stocks with the potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score identifies undervalued stocks using financial ratios [3] - Growth Score assesses a company's financial health and future growth potential [4] - Momentum Score tracks price trends to capitalize on upward or downward movements [5] - VGM Score combines all three styles to highlight stocks with the best overall characteristics [6] Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investment decisions [7] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, with an average annual return of +25.41% since 1988 [8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [9] Company Spotlight: Central Garden & Pet Co. (CENT) - Central Garden & Pet Co. is positioned as a leading player in the U.S. pet supplies and lawn and garden supplies market, emphasizing product innovation and customer service [11] - Currently rated 3 (Hold) by Zacks, CENT has a VGM Score of A and a Momentum Style Score of A, indicating strong potential [11][12] - CENT's shares have increased by 3.4% over the past four weeks, with positive earnings estimate revisions for fiscal 2025 [12] - The Zacks Consensus Estimate for CENT's earnings has risen by $0.05 to $2.37 per share, with an impressive average earnings surprise of 208.7% [12]