Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] - Janus Henderson Group plc (JHG) currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [2] - JHG has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - JHG shares have increased by 0.75% over the past week, outperforming the Zacks Financial - Investment Management industry, which rose by 0.62% [5] - Over the last quarter, JHG shares have risen by 29.03%, and by 20.6% over the past year, compared to the S&P 500's increases of 18.84% and 15.9%, respectively [6] - The average 20-day trading volume for JHG is 997,040 shares, indicating a bullish sign with rising stock prices [7] Earnings Outlook - In the past two months, five earnings estimates for JHG have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $3.38 to $3.51 [9] - For the next fiscal year, five estimates have also moved upwards without any downward revisions [9] Conclusion - Given the positive performance metrics and earnings outlook, JHG is positioned as a strong momentum pick with a Momentum Score of B and a Zacks Rank of 1 (Strong Buy) [11]
Here's Why Janus Henderson Group plc (JHG) is a Great Momentum Stock to Buy