ANIXA BIOSCIENCES INC (ANIX) is a Great Momentum Stock: Should You Buy?

Company Overview - ANIXA BIOSCIENCES INC currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4] Price Performance - Over the past week, ANIX shares increased by 1.2%, while the Zacks Medical - Biomedical and Genetics industry declined by 2.54% [6] - In the last month, ANIX shares rose by 30.32%, significantly outperforming the industry's 1.71% [6] - Over the past quarter, ANIX shares have risen by 19.93%, and over the last year, they are up 39.66%, compared to the S&P 500's increases of 5.86% and 12.83%, respectively [7] Trading Volume - ANIX's average 20-day trading volume is 245,662 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for ANIX has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from -$0.41 to -$0.38 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10] Conclusion - Given the strong price performance, positive earnings outlook, and high Momentum Style Score, ANIXA BIOSCIENCES INC is positioned as a promising investment opportunity [12]