Are You Looking for a Top Momentum Pick? Why Pentair plc (PNR) is a Great Choice

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Group 1: Company Overview - Pentair plc (PNR) currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3] - The company has a Zacks Rank of 2 (Buy), which is associated with strong market performance [4] Group 2: Performance Metrics - Over the past week, PNR shares increased by 0.28%, while the Zacks Waste Removal Services industry remained flat [6] - In the last month, PNR's price change was 5.69%, outperforming the industry's 1.09% [6] - PNR shares have risen by 14.06% over the past quarter and 21.27% over the last year, compared to the S&P 500's increases of 9.25% and 18.95%, respectively [7] Group 3: Trading Volume - The average 20-day trading volume for PNR is 1,034,888 shares, which serves as a bullish indicator when combined with rising stock prices [8] Group 4: Earnings Outlook - In the past two months, 8 earnings estimates for PNR have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $4.75 to $4.84 [10] - For the next fiscal year, 5 estimates have also moved upwards, indicating positive sentiment [10] Group 5: Conclusion - Considering the performance metrics and earnings outlook, PNR is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a noteworthy option for investors seeking short-term gains [12]