Are You Looking for a Top Momentum Pick? Why Invesco (IVZ) 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 investors identify which metrics are effective for assessing momentum [2] Group 2: Invesco (IVZ) Performance - Invesco currently holds a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy) [3][4] - Over the past week, Invesco shares increased by 4.18%, outperforming the Zacks Financial - Investment Management industry, which rose by 0.14% [6] - Invesco's monthly price change is 35.33%, significantly higher than the industry's 6.46% [6] - Over the last three months, Invesco shares have risen by 41.58%, and by 22.28% over the past year, compared to the S&P 500's increases of 19.65% and 14.95%, respectively [7] Group 3: Trading Volume and Earnings Outlook - Invesco's average 20-day trading volume is 4,718,232 shares, indicating a bullish sign if the stock is rising with above-average volume [8] - In the past two months, 6 earnings estimates for Invesco have been revised upwards, increasing the consensus estimate from $1.69 to $1.83 [10] - For the next fiscal year, 6 estimates have also moved upwards with no downward revisions [10] Group 4: Conclusion - Invesco is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11][12]