Veralto (VLTO) is a Top-Ranked Momentum Stock: Should You Buy?

Company Overview - Veralto Corporation, headquartered in Waltham, Massachusetts, specializes in water analytics, water treatment, marking and coding, and packaging and color services globally [11] - The company was spun off from Danaher Corporation in 2023 and employs nearly 17,000 people, with significant operations in North America, Western Europe, and high-growth markets [11] Investment Ratings - Veralto is rated 2 (Buy) on the Zacks Rank, indicating a positive outlook for the stock [11] - The company has a VGM Score of B, suggesting it has attractive value, growth, and momentum characteristics [11][12] Performance Metrics - Veralto's Momentum Style Score is A, and its shares have increased by 1% over the past four weeks [11] - In the last 60 days, three analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate rising by $0.08 to $3.78 per share [12] - The company has an average earnings surprise of +6.3%, indicating a strong performance relative to expectations [12]