Are You Looking for a Top Momentum Pick? Why Coeur Mining (CDE) is a Great Choice

Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, capitalizing on established price movements [1] - Coeur Mining (CDE) currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating potential for outperformance [2][3] Price Performance - CDE shares have increased by 3.46% over the past week, while the Zacks Mining - Non Ferrous industry has decreased by 0.85% during the same period [5] - Over the last month, CDE's price change is 56.37%, significantly outperforming the industry's 13.19% [5] - In the last quarter, CDE shares rose by 56.92%, and over the past year, they gained 62.32%, compared to the S&P 500's increases of 3.59% and 14.21%, respectively [6] Trading Volume - CDE's average 20-day trading volume is 17,255,966 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, three earnings estimates for CDE have been revised upwards, increasing the consensus estimate from $0.48 to $0.66 [9] - For the next fiscal year, one estimate has moved up while one has been revised down [9] Conclusion - Given the positive price momentum and favorable earnings outlook, CDE is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]