TTM Technologies (TTMI) is a Great Momentum Stock: Should You Buy?

Company Overview - TTM Technologies (TTMI) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook compared to the market [4] Performance Metrics - Over the past week, TTMI shares have increased by 22.58%, significantly outperforming the Zacks Electronics - Miscellaneous Components industry, which rose by 3.47% [6] - In a longer timeframe, TTMI's monthly price change is 30.7%, compared to the industry's 4.43% [6] - For the past quarter, TTMI shares have risen by 1.05%, and over the last year, they have increased by 46.75%, while the S&P 500 has moved -6.34% and 9.94%, respectively [7] Trading Volume - The average 20-day trading volume for TTMI is 717,372 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, three earnings estimates for TTMI have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $2.03 to $2.17 [10] - For the next fiscal year, three estimates have also moved upwards without any downward revisions [10] Conclusion - Given the strong performance metrics and positive earnings outlook, TTM Technologies is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 1 (Strong Buy) [12]