Groupon (GRPN) is a Great Momentum Stock: Should You Buy?

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify effective metrics for assessing momentum in stocks [2] Group 2: Groupon (GRPN) Performance - Groupon currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, GRPN shares increased by 7.52%, significantly outperforming the Zacks Internet - Commerce industry, which rose by only 0.12% [6] - In the last quarter, GRPN shares surged by 102.77%, and over the past year, they gained 125.16%, while the S&P 500 only increased by 8.73% and 13.86%, respectively [7] Group 3: Trading Volume and Earnings Outlook - GRPN's average 20-day trading volume is 1,637,182 shares, indicating a bullish trend when combined with rising stock prices [8] - Recent earnings estimate revisions for GRPN show a positive trend, with three estimates moving higher for the full year, raising the consensus estimate from -$0.34 to $0.30 [10] - The positive earnings outlook and strong price performance contribute to GRPN's status as a 2 (Buy) stock with a Momentum Score of A [12]