Tesco(US:TSCDY) ZACKSยท2025-10-01 17:00Core 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: Tesco PLC (TSCDY) - Tesco PLC 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] Performance Metrics - Over the past week, TSCDY shares increased by 1.07%, outperforming the Zacks Retail - Supermarkets industry, which rose by 0.47% [5] - In the last month, TSCDY's price changed by 5.34%, compared to the industry's 2.1% [5] - Over the past quarter, TSCDY shares rose by 10.75%, and over the last year, they increased by 26.51%, while the S&P 500 only moved 8.12% and 17.38% respectively [6] Trading Volume - TSCDY's average 20-day trading volume is 113,819 shares, which serves as a baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, two earnings estimates for TSCDY have been revised upwards, with the consensus estimate increasing from $1.09 to $1.13 [9] - For the next fiscal year, two estimates have also moved higher, with no downward revisions during the same period [9] Conclusion - Considering the strong momentum indicators and positive earnings outlook, TSCDY is identified as a 2 (Buy) stock with a Momentum Score of A, making it a promising near-term investment option [11]