Here's Why Lincoln Electric Holdings (LECO) is a Strong Momentum Stock

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][9] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [2][10] - The Value Score identifies attractive and discounted stocks using ratios like P/E and Price/Sales [3] - The Growth Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings and cash flow [4] - The Momentum Score helps investors capitalize on price trends, utilizing factors like weekly price changes and monthly earnings estimate changes [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for stock selection [6] Zacks Rank - The Zacks Rank is a proprietary model based on earnings estimate revisions, aiding investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +23.81% since 1988, significantly outperforming the S&P 500 [8] Stock Highlight: Lincoln Electric Holdings (LECO) - Lincoln Electric, headquartered in Cleveland, operates 56 manufacturing locations globally and specializes in welding and cutting products [12] - LECO holds a 2 (Buy) rating on the Zacks Rank and has a VGM Score of B, with a Momentum Style Score of A, reflecting a 2.5% increase in shares over the past four weeks [13][14] - Analysts have revised LECO's earnings estimate upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.09 to $9.71 per share, and an average earnings surprise of +10.6% [13]