Thermon Group (THR) Is Up 19.07% in One Week: What You Should Know

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Thermon Group (THR) currently holding a Momentum Style Score of A [2][3] Group 2: Thermon Group Performance - Thermon Group has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance in the market [3] - Over the past week, THR shares increased by 19.07%, while the Zacks Instruments - Control industry remained flat [5] - In a longer timeframe, THR shares rose by 36.75% monthly, significantly outperforming the industry's 0.62% [5] - Over the last quarter, THR shares increased by 37.02%, and by 19.57% over the past year, compared to the S&P 500's gains of 7.27% and 15.21%, respectively [6] Group 3: Trading Volume and Earnings Outlook - THR's average 20-day trading volume is 221,969 shares, which is a useful indicator of market interest [7] - In terms of earnings estimates, THR has seen 2 upward revisions in the past two months, raising the consensus estimate from $1.85 to $2.06 [9] - For the next fiscal year, there has been 1 upward revision with no downward revisions, indicating positive earnings outlook [9] Group 4: Conclusion - Considering the positive momentum indicators and earnings outlook, Thermon Group is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a strong candidate for near-term investment [11]