Cardinal Health(US:CAH) ZACKS·2025-11-10 18:03Core 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] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum, addressing the challenges of defining momentum [2] Company Overview: Cardinal Health (CAH) - Cardinal Health currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - Over the past week, CAH shares increased by 6.76%, while the Zacks Medical - Dental Supplies industry saw a slight decline of 0.03% [6] - In a longer timeframe, CAH's monthly price change is 29.83%, significantly outperforming the industry's 1.27% [6] - Over the last quarter, CAH shares rose by 36.13%, and over the past year, they increased by 68.94%, compared to the S&P 500's gains of 6.44% and 13.97%, respectively [7] Trading Volume - CAH's average 20-day trading volume is 2,610,722 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, 6 earnings estimates for CAH have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $9.45 to $9.79 [10] - For the next fiscal year, 5 estimates have also moved higher, indicating positive sentiment around CAH's earnings potential [10] Conclusion - Given the strong performance metrics and positive earnings outlook, CAH is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [12]