Here's Why UP Fintech Holding Limited (TIGR) is a Great Momentum Stock to Buy

Company Overview - UP Fintech Holding Limited (TIGR) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [3] Price Performance - Over the past week, shares of TIGR have increased by 6.49%, outperforming the Zacks Financial - Investment Bank industry, which rose by 1.52% [5] - In a longer time frame, the monthly price change for TIGR is 5.04%, compared to the industry's 3.25% [5] - Over the last quarter, shares have increased by 17.61%, and over the past year, they have gained 173.49%, while the S&P 500 has only moved 10.12% and 19.99%, respectively [6] Trading Volume - The average 20-day trading volume for TIGR is 5,817,653 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for TIGR has moved higher, increasing the consensus estimate from $0.58 to $0.69 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the strong price performance, positive earnings outlook, and favorable momentum indicators, TIGR is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]