Domo(US:DOMO) ZACKSยท2025-09-16 17:02Core 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][2]. Company Overview: Domo (DOMO) - Domo currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance in the market [3][4]. - Over the past week, Domo's shares have increased by 16.35%, significantly outperforming the Zacks Internet - Software industry, which rose by only 0.23% [6]. - In a longer time frame, Domo's shares have gained 42.35% over the past quarter and 139.09% over the last year, while the S&P 500 has only increased by 11.05% and 18.96%, respectively [7]. Trading Volume - Domo's average 20-day trading volume is 898,530 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, three earnings estimates for Domo have been revised upwards, with the consensus estimate improving from -$0.22 to -$0.16 [10]. - For the next fiscal year, one estimate has moved upwards, with no downward revisions noted [10]. Conclusion - Considering the positive momentum indicators and earnings outlook, Domo is positioned as a strong buy candidate with a Momentum Score of B, making it a noteworthy option for investors seeking short-term gains [12].