Are You Looking for a Top Momentum Pick? Why Univest (UVSP) 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: Univest (UVSP) - Univest currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4] Performance Metrics - Over the past week, UVSP shares increased by 5.4%, outperforming the Zacks Banks - Northeast industry, which rose by 4.31% [6] - In the last month, UVSP's price change was 8.41%, compared to the industry's 7.77% [6] - Over the past quarter, shares of Univest have risen by 15.92%, and over the last year, they have gained 39.53%, while the S&P 500 increased by 10.24% and 14.41%, respectively [7] Trading Volume - UVSP's average 20-day trading volume is 105,224 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, two earnings estimates for UVSP have been revised upwards, increasing the consensus estimate from $2.63 to $2.78 [10] - For the next fiscal year, two estimates have also moved higher, with no downward revisions [10] Conclusion - Given the strong performance metrics and positive earnings outlook, UVSP is positioned as a solid momentum pick for investors [11]