What Makes StepStone Group Inc. (STEP) a Strong Momentum Stock: Buy Now?

Company Overview - StepStone Group Inc. (STEP) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [2][11] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the market [3][11] Price Performance - Over the past week, STEP shares have increased by 5.09%, while the Zacks Financial - Miscellaneous Services industry has only risen by 0.03% [5] - In a longer time frame, STEP's monthly price change is 9.05%, outperforming the industry's 5.35% [5] - Over the past quarter, STEP shares have gained 18.57%, and over the last year, they have increased by 26.29%, compared to the S&P 500's gains of 16.43% and 18.63%, respectively [6] Trading Volume - STEP's average 20-day trading volume is 541,261 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, two earnings estimates for STEP have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $1.79 to $1.84 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [9]