Here's Why Semtech (SMTC) is a Strong Momentum Stock

Core Insights - Zacks Premium offers tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors select stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks based on value, growth, and momentum, assigning ratings from A to F [3] - Value Score focuses on identifying undervalued stocks using financial ratios [4] - Growth Score assesses a company's financial health and future growth potential [5] - Momentum Score identifies stocks with favorable price trends and earnings outlooks [6] Integration with Zacks Rank - The Zacks Rank utilizes earnings estimate revisions to aid in portfolio building [7] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, averaging a +23.81% annual return since 1988 [8] - To maximize returns, investors should consider stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] Stock Highlight: Semtech Corporation - Semtech Corporation, located in Camarillo, CA, specializes in analog and mixed-signal semiconductors [11] - Currently rated 3 (Hold) with a VGM Score of B, Semtech has a Momentum Style Score of B and has seen a 15.2% increase in shares over the past month [11] - Recent upward revisions in earnings estimates have led to a Zacks Consensus Estimate of $1.66 per share for fiscal 2026, with an average earnings surprise of +9% [12]