Are You Looking for a Top Momentum Pick? Why Cavco (CVCO) is a Great Choice
CavcoCavco(US:CVCO) ZACKS·2025-12-03 18:01

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] Company Overview: Cavco (CVCO) - Cavco currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Performance Metrics - Over the past week, Cavco shares increased by 3.88%, while the Zacks Building Products - Mobile Homes and RV Builders industry rose by 4.08% [6] - In a longer timeframe, Cavco's monthly price change is 10.27%, outperforming the industry's 7.17% [6] - Over the last three months, Cavco shares have risen by 8.04%, and by 14.37% over the past year, compared to the S&P 500's increases of 6.75% and 14.16%, respectively [7] Trading Volume - Cavco's average 20-day trading volume is 115,680 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, one earnings estimate for Cavco has increased, while none have decreased, raising the consensus estimate from $25.16 to $26.11 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [10] Conclusion - Given the positive performance metrics and earnings outlook, Cavco is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12]