ZACKSยท2025-11-07 18:01Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1][2]. Company Overview: HSBC - HSBC currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3]. - The bank has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [4]. Performance Metrics - Over the past week, HSBC shares increased by 4.58%, outperforming the Zacks Banks - Foreign industry, which rose by 1.44% [6]. - In the last month, HSBC's stock price changed by 6.95%, compared to the industry's 3.63% [6]. - Over the past quarter, HSBC shares have risen by 9.49%, and over the last year, they have gained 52.05%, while the S&P 500 increased by 6.25% and 14.72%, respectively [7]. Trading Volume - HSBC's average 20-day trading volume is 1,841,628 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, three earnings estimates for HSBC have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $6.89 to $7.27 [10]. - For the next fiscal year, three estimates have also moved higher, indicating positive sentiment regarding future earnings [10]. Conclusion - Given the positive performance metrics and earnings outlook, HSBC is positioned as a strong buy with a Momentum Score of B, making it a compelling option for investors seeking short-term gains [11][12].