Core Insights - 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] - Flux Power Holdings, Inc. (FLUX) currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] Price Performance - FLUX shares have increased by 56.84% over the past week, while the Zacks Electronics - Miscellaneous Products industry has decreased by 2.37% during the same period [6] - Over the past quarter, FLUX shares have risen by 163.26%, and over the last year, they have gained 66.18%, significantly outperforming the S&P 500, which increased by 6.17% and 14.81% respectively [7] Trading Volume - The average 20-day trading volume for FLUX is 617,819 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Estimates - In the past two months, one earnings estimate for FLUX has been revised upward, increasing the consensus estimate from -$0.05 to -$0.03 for the full year, with no downward revisions [10] - For the next fiscal year, one estimate has also moved upwards, indicating positive sentiment regarding future earnings [10] Conclusion - Given the strong price performance, positive earnings outlook, and favorable momentum indicators, FLUX is positioned as a strong buy candidate for investors seeking momentum stocks [12]
Are You Looking for a Top Momentum Pick? Why Flux Power Holdings, Inc. (FLUX) is a Great Choice