TTM Technologies (TTMI) Is Up 9.37% in One Week: What You Should Know

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with TTM Technologies (TTMI) currently holding a Momentum Style Score of B [2][3] Group 2: TTM Technologies Performance - TTM Technologies has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance in the market [3] - Over the past week, TTMI shares increased by 9.37%, while the Zacks Electronics - Miscellaneous Components industry remained flat [5] - In the last quarter, TTMI shares rose by 124.2%, and over the past year, they increased by 110.66%, significantly outperforming the S&P 500's gains of 23.56% and 13.28% respectively [6] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for TTMI is 1,686,689 shares, which is a bullish indicator when combined with rising stock prices [7] - In terms of earnings outlook, TTMI's consensus estimate increased from $2.17 to $2.19 over the past 60 days, with one upward revision and no downward revisions for the current fiscal year [9] Group 4: Conclusion - Considering the positive momentum indicators and earnings outlook, TTM Technologies is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]