What Makes Stratasys (SSYS) 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 higher, with the expectation that established trends will continue [1] Company Overview: Stratasys (SSYS) - Stratasys currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Price Performance - Over the past week, SSYS shares increased by 0.1%, while the Zacks Commercial Printing industry remained flat [6] - In the last month, SSYS shares rose by 6.25%, matching the industry's performance [6] - Over the past quarter, SSYS shares have increased by 7.26%, and by 17.65% over the last year, outperforming the S&P 500, which moved 0.05% and 13.85% respectively [7] Trading Volume - SSYS has an average 20-day trading volume of 464,030 shares, which is a useful indicator of market interest and price movement [8] Earnings Outlook - In the past two months, one earnings estimate for SSYS has increased, while none have decreased, raising the consensus estimate from $0.29 to $0.31 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, SSYS is recommended as a stock to consider for near-term investment opportunities [12]