ITT (US:ITT) ZACKS·2025-11-11 18:01Core Viewpoint - 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] Company Overview: ITT - ITT currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [2][3] - The stock has shown strong performance, with a 1.69% increase over the past week, contrasting with a 1.22% decline in the Zacks Diversified Operations industry [5] - Over the last quarter, ITT shares have risen by 14.77%, and by 22.97% over the past year, significantly outperforming the S&P 500, which increased by 7.27% and 15.21% respectively [6] Trading Volume - ITT's average 20-day trading volume is 498,924 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 past two months, 5 earnings estimates for ITT have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $6.50 to $6.61 [9] - For the next fiscal year, 5 estimates have also moved upwards without any downward revisions, indicating a positive earnings outlook [9] Conclusion - Given the strong performance metrics and positive earnings revisions, ITT is positioned as a promising momentum pick, making it a stock to consider for near-term investment [10]