Are You Looking for a Top Momentum Pick? Why Customers Bancorp (CUBI) 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: Customers Bancorp (CUBI) - Customers Bancorp currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [4] Performance Metrics - Over the past week, CUBI shares increased by 13.51%, outperforming the Zacks Banks - Southeast industry, which rose by 4.4% [6] - In the last month, CUBI's price change was 15.7%, significantly higher than the industry's 4.1% [6] - For longer-term performance, CUBI shares rose by 35.35% over the past three months and 21.84% over the last year, while the S&P 500 increased by 10.83% and 14.92%, respectively [7] Trading Volume - CUBI's average 20-day trading volume is 268,760 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, three earnings estimates for CUBI have been revised upwards, increasing the consensus estimate from $6.12 to $6.33 [10] - For the next fiscal year, three estimates have also moved higher, with no downward revisions noted [10] Conclusion - Considering the strong performance metrics and positive earnings outlook, CUBI is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [12]