What Makes ZTO Express (Cayman) Inc. (ZTO) a Strong Momentum Stock: Buy Now?

Core Viewpoint - ZTO Express (Cayman) Inc. is identified as a strong momentum stock with a Zacks Rank of 1 (Strong Buy) and a Momentum Style Score of B, indicating potential for significant near-term gains [3][11]. Momentum Characteristics - Momentum investing focuses on following a stock's recent price trends, with the strategy of buying high and selling higher [1]. - ZTO's shares have increased by 7.44% over the past week, outperforming the Zacks Transportation - Services industry, which rose by 2.95% during the same period [5]. - Over the last month, ZTO's price change is 15.07%, compared to the industry's 4.99% [5]. Long-Term Performance - ZTO's shares have gained 13.75% over the past quarter and 17.25% over the last year, while the S&P 500 has only increased by 6.25% and 14.29%, respectively [6]. - The average 20-day trading volume for ZTO is 1,514,990 shares, indicating a bullish trend when combined with rising stock prices [7]. Earnings Outlook - In the past two months, three earnings estimates for ZTO have been revised upwards, increasing the consensus estimate from $1.52 to $1.63 [9]. - For the next fiscal year, three estimates have also moved higher, with no downward revisions noted [9].