Here's Why Spok Holdings (SPOK) is a Great Momentum Stock to Buy

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim 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: Spok Holdings (SPOK) Analysis - Spok Holdings currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating potential for outperformance [3][4] - Over the past week, SPOK shares increased by 5.95%, while the Zacks Wireless National industry declined by 0.53% [6] - In the last quarter, SPOK shares rose by 14.34%, and over the past year, they gained 30.75%, outperforming the S&P 500's increases of 11.71% and 19.86% respectively [7] - The average 20-day trading volume for SPOK is 116,850 shares, which serves as a bullish indicator when combined with rising stock prices [8] Group 3: Earnings Outlook - In the past two months, one earnings estimate for SPOK increased, raising the consensus estimate from $0.82 to $0.86 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [10] Group 4: Conclusion - Considering the positive momentum indicators and earnings outlook, SPOK is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]