Here's Why Village Farms (VFF) is a Great Momentum Stock to Buy

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Village Farms (VFF) - Village Farms currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [3] Price Performance - VFF shares have increased by 11.69% over the past week, significantly outperforming the Zacks Consumer Products - Staples industry, which rose by only 0.27% [5] - Over the past month, VFF's price change is 101.55%, compared to the industry's 0.47% [5] - In the last quarter, VFF shares rose by 145.28%, and over the past year, they increased by 157.43%, while the S&P 500 only moved 10.18% and 20.38% respectively [6] Trading Volume - The average 20-day trading volume for VFF is 2,362,476 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [7] Earnings Outlook - In the past two months, one earnings estimate for VFF has increased, while none have decreased, raising the consensus estimate from -$0.09 to $0.12 [9] - For the next fiscal year, two estimates have moved upwards with no downward revisions [9] Conclusion - Given the strong momentum indicators and positive earnings outlook, VFF is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment option [11]