Surf Air Mobility Inc. (SRFM) is a Great Momentum Stock: Should You Buy?

Company Overview - Surf Air Mobility Inc. (SRFM) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), which is associated with a history of outperforming the market [4] Price Performance - SRFM shares have increased by 70.31% over the past week, significantly outperforming the Zacks Transportation - Airline industry, which rose by 5.4% during the same period [6] - Over the past quarter, SRFM shares have gained 63.16%, and over the last year, they have increased by 30.64%, while the S&P 500 only moved 10.42% and 14.64%, respectively [7] Trading Volume - The average 20-day trading volume for SRFM is 13,316,514 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 SRFM has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from -$4.81 to -$3.47 [10] - For the next fiscal year, two estimates have been revised upwards, with no downward revisions during the same period [10] Conclusion - Given the strong price performance, positive earnings outlook, and high Momentum Style Score, SRFM is positioned as a promising investment opportunity [12]