Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors identify stocks with the potential to outperform the market within a 30-day timeframe [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 future earnings and financial health [4] - Momentum Score capitalizes on price trends and earnings outlook changes [5] - VGM Score combines all three styles to provide a comprehensive evaluation of stocks [6] Zacks Rank and Style Scores Interaction - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in portfolio building [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] - Stocks with lower ranks but high Style Scores may still carry risks due to declining earnings forecasts [10] Company Spotlight: Affiliated Managers Group (AMG) - Affiliated Managers Group is a global asset manager with a Zacks Rank of 3 (Hold) and a VGM Score of A [11] - AMG's shares have increased by 17.5% over the past four weeks, indicating strong momentum [11] - Recent earnings estimates for fiscal 2025 have been revised upward, with the consensus estimate rising to $22.78 per share [12] - AMG's average earnings surprise stands at 3%, making it a noteworthy option for investors [12]
Affiliated Managers Group (AMG) is a Top-Ranked Momentum Stock: Should You Buy?