Are You Looking for a Top Momentum Pick? Why 1st Source (SRCE) 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: 1st Source (SRCE) - 1st Source currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3][12] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4][12] Price Performance - Over the past week, SRCE shares increased by 3.93%, while the Zacks Banks - Midwest industry rose by 5.08% [6] - In a longer timeframe, SRCE shares have gained 22.35% over the past quarter and 24.06% over the last year, outperforming the S&P 500, which increased by 16.66% and 14.76% respectively [7] Trading Volume - SRCE's average 20-day trading volume is 124,741 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the last two months, one earnings estimate for SRCE has increased, while none have decreased, raising the consensus estimate from $5.93 to $5.97 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10]