What Makes Deutsche Bank (DB) a Strong Momentum Stock: Buy Now?

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1][2]. Company Overview: Deutsche Bank (DB) - Deutsche Bank currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4]. - Over the past week, DB shares have increased by 9.46%, outperforming the Zacks Banks - Foreign industry, which rose by 3.61% [6]. - In a longer timeframe, DB's monthly price change is 15.39%, significantly higher than the industry's 5.15% [6]. - Over the past quarter, DB shares have risen by 36.01%, and over the last year, they have increased by 63.06%, while the S&P 500 has moved -6.91% and 13.12%, respectively [7]. Trading Volume - DB's average 20-day trading volume is 4,646,609 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, one earnings estimate for DB has increased, while none have decreased, raising the consensus estimate from $2.93 to $3.20 [10]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10]. Conclusion - Considering the positive momentum indicators and earnings outlook, Deutsche Bank is positioned as a strong buy candidate with a Momentum Score of B [12].