Are You Looking for a Top Momentum Pick? Why SkyWest (SKYW) is a Great Choice

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of "buying high, hoping to sell even higher" [1] - The Zacks Momentum Style Score helps define momentum characteristics, with SkyWest (SKYW) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperformance [3] Group 2: SkyWest Performance Metrics - SkyWest shares have increased by 4.24% over the past week, outperforming the Zacks Transportation - Airline industry, which rose by 2.63% [5] - Over the past quarter, SkyWest shares have risen by 30.9%, and by 33.68% over the last year, compared to the S&P 500's increases of 17.01% and 13.4% respectively [6] - The average 20-day trading volume for SkyWest is 286,020 shares, indicating a bullish sign if the stock is rising with above-average volume [7] Group 3: Earnings Outlook - In the past two months, two earnings estimates for SkyWest have moved higher, with no downward revisions, increasing the consensus estimate from $9.28 to $9.36 [9] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [9] Group 4: Conclusion - SkyWest is rated as a 2 (Buy) stock with a Momentum Score of A, making it a promising pick for near-term investment [11]