HF Sinclair (DINO) Is Up 2.76% in One Week: What You Should Know

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: HF Sinclair (DINO) - HF Sinclair currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Price Performance - Over the past week, HF Sinclair shares increased by 2.76%, while the Zacks Oil and Gas - Refining and Marketing industry rose by 2.87% [5] - In a longer timeframe, the monthly price change for DINO is 6.1%, outperforming the industry's 5.38% [5] - Over the last quarter, HF Sinclair shares have risen by 22.15%, and by 18.45% over the past year, compared to the S&P 500's increases of 9.31% and 17.01%, respectively [6] Trading Volume - The average 20-day trading volume for DINO is 2,277,526 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for DINO have been revised upwards, while none have been lowered, boosting the consensus estimate from $2.54 to $3.57 [9] - For the next fiscal year, four estimates have increased, with one downward revision noted [9] Conclusion - Given the strong momentum indicators and positive earnings outlook, HF Sinclair is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]