Westinghouse Air Brake Technologies (WAB) Is Up 6.79% in One Week: What You Should Know

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Westinghouse Air Brake Technologies (WAB) currently holding a Momentum Style Score of A [2][3] Group 2: Performance Metrics of Westinghouse Air Brake Technologies - WAB has shown a 6.79% increase in shares over the past week, matching the performance of the Zacks Transportation - Equipment and Leasing industry [5] - Over the last quarter, WAB shares have risen by 12.47%, and by 20.41% over the past year, significantly outperforming the S&P 500, which has moved -2.63% and 13.25% respectively [6] - The average 20-day trading volume for WAB is 926,284 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook and Revisions - In the past two months, four earnings estimates for WAB have increased, while none have decreased, raising the consensus estimate from $8.55 to $8.72 [9] - For the next fiscal year, three estimates have moved upwards, with one downward revision noted [9] Group 4: Conclusion on Investment Potential - Given the strong performance metrics and positive earnings outlook, WAB is rated as a 2 (Buy) stock with a Momentum Score of A, making it a promising near-term investment option [11]