Are You Looking for a Top Momentum Pick? Why United Fire Group (UFCS) is a Great Choice

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling even higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps identify stocks with strong momentum characteristics, addressing the challenges in defining momentum [2] Group 2: United Fire Group (UFCS) Performance - United Fire Group currently holds a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3] - Over the past week, UFCS shares increased by 16.87%, significantly outperforming the Zacks Insurance - Property and Casualty industry, which rose by 4.15% [5] - In the last quarter, UFCS shares rose by 15.23%, and over the past year, they gained 45.15%, while the S&P 500 only increased by 6.44% and 13.97%, respectively [6] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for UFCS is 116,328 shares, which serves as a bullish indicator when combined with rising stock prices [7] - In terms of earnings estimates, UFCS has seen one upward revision in the past two months, increasing the consensus estimate from $3.03 to $3.93 for the full year [9] - The positive trends in both price changes and earnings estimate revisions contribute to UFCS's strong momentum profile [8][11]