Here's Why Goldman Sachs (GS) is a Strong Momentum Stock

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to complement the Zacks Rank, aiding investors in selecting stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A indicating the highest potential for outperformance [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Concentrates on a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks experiencing upward or downward trends, utilizing metrics like one-week price changes and monthly earnings estimate changes [5] VGM Score - Combines all three Style Scores to provide a comprehensive rating, highlighting stocks with attractive value, strong growth forecasts, and promising momentum [6] Zacks Rank Integration - The Zacks Rank leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.93% since 1988 [7] - The Style Scores assist in narrowing down stock selections among the numerous top-rated stocks available [8] Stock to Watch: Goldman Sachs - Goldman Sachs is rated 3 (Hold) on the Zacks Rank, with a VGM Score of B, indicating moderate potential [11] - The stock has a Momentum Style Score of B, with a recent price increase of 0.2% over the past four weeks [12] - Analysts have raised earnings estimates for fiscal 2025, with the Zacks Consensus Estimate increasing by $2.29 to $48.57 per share, and an average earnings surprise of +21.3% [12]