Gen Digital (US:GEN) ZACKSยท2025-06-04 17:01Core 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: Gen Digital (GEN) - Gen Digital currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, GEN shares have increased by 3.23%, while the Zacks Technology Services industry remained flat [5] - In a longer timeframe, GEN's monthly price change is 12.13%, significantly outperforming the industry's 0.72% [5] - Over the past quarter, GEN shares have risen by 6.62%, and over the last year, they have gained 16.2%, compared to the S&P 500's increases of 2.37% and 14.4%, respectively [6] Trading Volume - GEN's average 20-day trading volume is 5,431,610 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the last two months, two earnings estimates for GEN have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $2.42 to $2.43 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [9] Conclusion - Considering the positive momentum indicators and earnings outlook, GEN is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]