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] Group 1: Momentum Style Score - CF Industries (CF) currently holds a Momentum Style Score of B, indicating a favorable momentum characteristic [2] - The Zacks Rank for CF is 2 (Buy), suggesting a strong potential for outperformance in the market [3] Group 2: Price Performance - Over the past week, CF shares increased by 0.43%, matching the performance of the Zacks Fertilizers industry [5] - In a longer timeframe, CF's monthly price change is 8.59%, significantly outperforming the industry's 2.68% [5] - CF shares have risen 23.52% over the past quarter and 27.68% over the last year, while the S&P 500 has only increased by 6.75% and 11.69%, respectively [6] Group 3: Trading Volume - CF's average 20-day trading volume is 3,284,338 shares, which serves as a bullish indicator when combined with rising stock prices [7] Group 4: Earnings Outlook - In the past two months, 6 earnings estimates for CF have been revised upwards, increasing the consensus estimate from $5.97 to $6.82 [9] - For the next fiscal year, 4 estimates have moved up while 2 have been revised down [9] Group 5: Conclusion - CF Industries is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]
What Makes CF Industries (CF) a Strong Momentum Stock: Buy Now?