Are You Looking for a Top Momentum Pick? Why TTM Technologies (TTMI) is a Great Choice

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: TTM Technologies (TTMI) - TTM Technologies currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting a high potential for outperformance in the market [3] Performance Metrics - TTM Technologies shares have increased by 6.5% over the past week, while the Zacks Electronics - Miscellaneous Components industry remained flat [5] - Over the past month, TTMI's stock price has risen by 23.98%, significantly outperforming the industry's 0.47% [5] - In the last quarter, TTMI shares surged by 59.02%, and over the past year, they have gained 91.98%, compared to the S&P 500's increases of 5.76% and 10.66%, respectively [6] Trading Volume - The average 20-day trading volume for TTMI is 1,194,242 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, three earnings estimates for TTMI have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $2.03 to $2.19 [9] - For the next fiscal year, three estimates have also moved upwards, indicating positive sentiment regarding future earnings [9] Conclusion - Given the strong performance metrics and positive earnings outlook, TTM Technologies is positioned as a promising investment opportunity with a Momentum Score of A [11]