Why Perrigo (PRGO) is a Top Momentum Stock for the Long-Term

Company Overview - Perrigo Company plc, based in Dublin, Ireland, was formed from the merger of Perrigo Company and Elan Corporation in December 2013, focusing on over-the-counter (OTC) markets and wellness solutions [12] - The company has a diversified revenue stream and operates in segments designed to enhance individual well-being [12] Investment Ratings - Perrigo is currently rated as a 2 (Buy) on the Zacks Rank, with a VGM Score of B, indicating a favorable investment outlook [12] - The company has a Momentum Style Score of B, with shares increasing by 2.9% over the past four weeks [13] Earnings Estimates - Two analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.04 to $3.04 per share [13] - Perrigo has an average earnings surprise of +4.4%, suggesting a positive trend in earnings performance [13] Investment Considerations - With a solid Zacks Rank and strong Momentum and VGM Style Scores, Perrigo is recommended for investors looking for potential growth opportunities [13]