ING Groep (ING) Is Up 0.12% in One Week: What You Should Know

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of "buying high, hoping to sell higher" [1] - The Zacks Momentum Style Score helps investors identify stocks with momentum by focusing on key metrics [2] Group 2: ING Groep Performance - ING Groep currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [3][4] - Over the past week, ING shares increased by 0.12%, while the Zacks Banks - Foreign industry rose by 0.6% [6] - In the last month, ING's price change was 2.35%, compared to the industry's 4.41% [6] - Over the past quarter, ING shares increased by 13.1%, and over the last year, they gained 31.95%, outperforming the S&P 500's 10.77% and 17.6% respectively [7] Group 3: Trading Volume and Earnings Outlook - ING's average 20-day trading volume is 2,652,426 shares, indicating a bullish sign if the stock rises with above-average volume [8] - In the past two months, two earnings estimates for ING moved higher, increasing the consensus estimate from $2.22 to $2.33 [10] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions [10] Group 4: Conclusion - Given the positive performance metrics and earnings outlook, ING Groep is positioned as a strong momentum pick [12]