Willis Towers Watson (WTW) is a Great Momentum Stock: Should You Buy?

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: Willis Towers Watson (WTW) - WTW 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, WTW shares increased by 1.54%, matching the performance of the Zacks Insurance - Brokerage industry [5] - In the last month, WTW's shares rose by 6.21%, outperforming the industry's 2.23% [5] - For the past quarter, WTW shares have risen by 14.96%, and over the last year, they are up 19.45%, compared to the S&P 500's increases of 8.11% and 19.22%, respectively [6] Trading Volume - WTW's average 20-day trading volume is 539,458 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the last two months, four earnings estimates for WTW have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $16.75 to $16.84 [9] - For the next fiscal year, four estimates have also moved higher without any downward revisions [9] Conclusion - Considering the strong performance metrics and positive earnings outlook, WTW is identified as a 2 (Buy) stock with a Momentum Score of A, making it a promising candidate for near-term investment [11]