Are You Looking for a Top Momentum Pick? Why Imperial Tobacco Group PLC (IMBBY) is a Great Choice

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][2]. Company Overview: Imperial Tobacco Group PLC (IMBBY) - IMBBY currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3]. - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [4]. Performance Metrics - Over the past week, IMBBY shares increased by 1.81%, while the Zacks Tobacco industry rose by 2.18% [6]. - In the last month, IMBBY's price change was 16.7%, matching the industry's performance [6]. - Over the past quarter, IMBBY shares have risen by 15.85%, and over the last year, they have gained 75.71%, significantly outperforming the S&P 500, which saw declines of -6.46% and gains of 11.69% respectively [7]. Trading Volume - IMBBY's average 20-day trading volume is 149,734 shares, which serves as a baseline for price-to-volume analysis [8]. Earnings Outlook - In the past two months, one earnings estimate for IMBBY has increased, while none have decreased, raising the consensus estimate from $4.09 to $4.18 [10]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10]. Conclusion - Considering the strong performance metrics and positive earnings outlook, IMBBY is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [12].