Popular (BPOP) is a Great Momentum Stock: Should You Buy?

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 define momentum characteristics, with Popular (BPOP) currently holding a Momentum Style Score of B [2][3] Group 2: Performance Metrics of Popular (BPOP) - BPOP shares have increased by 1.55% over the past week, outperforming the Zacks Banks - Southeast industry, which rose by 0.54% [5] - Over the past quarter, BPOP shares have risen by 11.52%, and by 22.11% over the last year, compared to the S&P 500's increases of 10.57% and 21.94%, respectively [6] - The average 20-day trading volume for BPOP is 429,581 shares, indicating a bullish sign if the stock continues to rise on above-average volume [7] Group 3: Earnings Outlook for Popular (BPOP) - In the past two months, one earnings estimate for BPOP has increased, raising the consensus estimate from $10.54 to $11.37 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating a positive earnings outlook [9] Group 4: Investment Recommendation - Given the positive performance metrics and earnings outlook, BPOP is rated as a 2 (Buy) stock with a Momentum Score of B, making it a potential pick for investors [11]