Core 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][2]. Company Overview: Welltower (WELL) - Welltower currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for performance [3][4]. - The stock has shown significant price increases, with a 1.88% rise over the past week and a 10.7% increase over the past month, outperforming its industry [6]. - Over the last quarter, Welltower shares have risen 17.87%, and over the past year, they have increased by 42.49%, compared to the S&P 500's gains of 4.5% and 14.56%, respectively [7]. Trading Volume - Welltower's average 20-day trading volume is 3,112,397 shares, which is a useful indicator of market interest and price movement [8]. Earnings Outlook - In the past two months, four earnings estimates for Welltower have been revised upwards, increasing the consensus estimate from $5.10 to $5.17 [10]. - For the next fiscal year, four estimates have also moved higher, with no downward revisions, indicating positive sentiment [10]. Conclusion - Considering the positive price trends, trading volume, and upward earnings revisions, Welltower is positioned as a strong momentum pick with a 2 (Buy) rating and a Momentum Score of B [12].
Are You Looking for a Top Momentum Pick? Why Welltower (WELL) is a Great Choice