Core Viewpoint - Vodafone Group PLC (VOD) is identified as a promising momentum stock, currently holding a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [3][4][12] Price Performance - VOD shares have increased by 3.27% over the past week, outperforming the Zacks Wireless Non-US industry, which rose by 2.79% during the same period [6] - Over the last month, VOD's price change is 3.46%, compared to the industry's 2.21% [6] - In the last quarter, VOD shares rose by 7.86%, and over the past year, they increased by 22.61%, while the S&P 500 only moved 6.22% and 17.55%, respectively [7] Trading Volume - VOD's average 20-day trading volume is 4,801,757 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 VOD has increased, while none have decreased, raising the consensus estimate from $1.04 to $1.05 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10] Conclusion - Given the positive price trends and earnings outlook, VOD is positioned as a strong candidate for investors seeking momentum stocks [12]
Are You Looking for a Top Momentum Pick? Why Vodafone Group PLC (VOD) is a Great Choice