Performance Food Group (PFGC) is a Great Momentum Stock: Should You Buy?

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify stocks with momentum by focusing on key metrics [2] Group 2: Performance Food Group (PFGC) Analysis - Performance Food Group (PFGC) currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - PFGC shares have increased by 4.19% over the past week, outperforming the Zacks Food - Natural Foods Products industry, which rose by 3.73% [6] - Over the past quarter, PFGC shares have risen by 23.87%, and over the last year, they have gained 47.21%, significantly outperforming the S&P 500's increases of 19.69% and 14.71% respectively [7] Group 3: Trading Volume and Earnings Outlook - PFGC's average 20-day trading volume is 1,668,454 shares, indicating a bullish sign with rising stock prices [8] - In the past two months, two earnings estimates for PFGC have been revised upwards, increasing the consensus estimate from $4.29 to $4.37 [10] - The positive earnings outlook and momentum indicators suggest that PFGC is a strong candidate for near-term investment [12]