Here's Why Spire (SR) is a Great Momentum Stock to Buy

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] - Spire (SR) currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating potential for outperformance [2][3] Momentum Performance - Over the past week, Spire's shares increased by 3.69%, outperforming the Zacks Utility - Gas Distribution industry, which rose by 2.19% [5] - In a longer timeframe, Spire's shares have risen by 19.76% over the past three months and 37.13% over the past year, compared to the S&P 500's increases of 7.05% and 18.26%, respectively [6] Trading Volume - Spire's average 20-day trading volume is 403,577 shares, which serves as a baseline for price-to-volume analysis; a rising stock with above-average volume is generally seen as bullish [7] Earnings Outlook - In the last two months, one earnings estimate for Spire has increased, raising the consensus estimate from $4.50 to $4.51, while two estimates for the next fiscal year have also moved upwards [9] Conclusion - Given the positive momentum indicators and earnings outlook, Spire is positioned as a strong candidate for near-term investment opportunities with a Momentum Score of B [10]