What Makes Calix (CALX) a Strong Momentum Stock: Buy Now?

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: Calix (CALX) Analysis - Calix currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, CALX shares increased by 6.3%, outperforming the Zacks Internet - Software industry, which rose by 1.92% [6] - In the last quarter, CALX shares have risen by 33.89%, and over the past year, they have gained 59.44%, significantly outperforming the S&P 500's increases of 16.43% and 18.63% respectively [7] Group 3: Trading Volume and Earnings Outlook - CALX's average 20-day trading volume is 890,906 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In the past two months, two earnings estimates for CALX have been revised upwards, increasing the consensus estimate from $0.86 to $1.08 [10] - The positive earnings outlook and strong momentum indicators suggest that CALX is a promising stock for near-term investment [12]