What Makes Cullen/Frost Bankers (CFR) a Strong Momentum Stock: Buy Now?

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][2]. Company Overview: Cullen/Frost Bankers (CFR) - Cullen/Frost Bankers currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [3][4]. - The stock has shown strong performance, with a 3.51% increase over the past week, compared to a 2.55% increase in the Zacks Banks - Southwest industry [6]. - Over the last three months, CFR shares have risen by 26.42%, and by 39.34% over the past year, outperforming the S&P 500's increases of 24.12% and 14.76%, respectively [7]. Trading Volume - CFR's average 20-day trading volume is 295,230 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, two earnings estimates for CFR have been revised upwards, increasing the consensus estimate from $9.17 to $9.24 [10]. - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [10]. Conclusion - Given the positive momentum indicators and earnings outlook, Cullen/Frost Bankers is positioned as a strong buy candidate for investors seeking short-term opportunities [12].