Are You Looking for a Top Momentum Pick? Why Orange (ORANY) is a Great Choice

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Orange (ORANY) currently holding a Momentum Style Score of B [2] Group 2: Zacks Rank and Performance - Orange has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance, especially for stocks rated 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B [3] - Stocks with favorable Zacks Rank and Style Scores tend to outperform the market over the following month [3] Group 3: Price Performance Metrics - ORANY shares increased by 1.85% over the past week, while the Zacks Wireless Non-US industry rose by 3.51% [5] - Over the past month, ORANY's price change is 14.32%, significantly outperforming the industry's 4.24% [5] - In the last quarter, ORANY shares rose by 33.06%, and by 21.99% over the past year, compared to the S&P 500's -14.46% and 5.35% respectively [6] Group 4: Trading Volume Insights - ORANY's average 20-day trading volume is 309,133 shares, which serves as a price-to-volume baseline; rising stocks with above-average volume are generally bullish [7] Group 5: Earnings Estimates and Revisions - Over the past two months, one earnings estimate for ORANY increased, raising the consensus estimate from $1.19 to$1.22 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Group 6: Conclusion - Given the positive momentum indicators and earnings outlook, ORANY is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]