Company Overview - Crown Holdings (CCK) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a track record of outperformance in the market [4] Price Performance - CCK shares have increased by 3.78% over the past week, outperforming the Zacks Containers - Metal and Glass industry, which rose by 3.42% [6] - Over the last quarter, CCK shares have gained 15.19%, and over the past year, they have increased by 34.21%, while the S&P 500 has only moved 5.86% and 12.83%, respectively [7] Trading Volume - The average 20-day trading volume for CCK is 1,124,268 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, 5 earnings estimates for CCK have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $6.75 to $7.10 [10] - For the next fiscal year, 5 estimates have also moved upwards without any downward revisions [10] Conclusion - Given the strong performance metrics and positive earnings outlook, CCK is positioned as a solid momentum pick for investors [12]
Are You Looking for a Top Momentum Pick? Why Crown Holdings (CCK) is a Great Choice