Intellicheck Mobilisa, Inc. (IDN) is a Great Momentum Stock: Should You Buy?

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: Intellicheck Mobilisa, Inc. (IDN) - IDN currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4] Performance Metrics - IDN shares have increased by 16.7% over the past week, outperforming the Zacks Security and Safety Services industry, which rose by 1.32% [6] - Over the past month, IDN's price change is 68.81%, significantly higher than the industry's 0.33% [6] - In the last quarter, IDN shares have surged by 105.88%, and over the past year, they have gained 43.05%, while the S&P 500 has only increased by 8.33% and 12.92%, respectively [7] Trading Volume - IDN's average 20-day trading volume is 755,106 shares, which is a positive indicator of market interest [8] Earnings Outlook - In the past two months, two earnings estimates for IDN have been revised upwards, with the consensus estimate improving from -$0.03 to -$0.01 [10] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions [10] Conclusion - Given the strong performance metrics and positive earnings outlook, IDN is positioned as a promising momentum pick for investors [12]