WNS (Holdings) Limited (WNS) is a Great Momentum Stock: Should You Buy?

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Overview: WNS (Holdings) Limited - WNS currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Performance Metrics - WNS shares have increased by 14.26% over the past week, while the Zacks Business - Services industry remained flat [5] - Over the past month, WNS's price change is 25.7%, significantly outperforming the industry's 1.35% [5] - In the last quarter, WNS shares rose by 17.18%, and over the past year, they gained 28.86%, compared to the S&P 500's increases of 16.27% and 12.91%, respectively [6] Trading Volume - The average 20-day trading volume for WNS is 3,272,020 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for WNS has increased, raising the consensus estimate from $4.59 to $4.60 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Given the strong performance metrics and positive earnings outlook, WNS is identified as a promising momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]