Capital One (COF) Is Up 3.12% in One Week: What You Should Know

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: Capital One (COF) - Capital One currently holds a Momentum Style Score of B, indicating a positive outlook based on its price change and earnings estimate revisions [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, COF shares increased by 3.12%, outperforming the Zacks Financial - Consumer Loans industry, which rose by 2.77% [5] - In a longer timeframe, COF's shares have risen by 20.78% over the past month, compared to the industry's 11.37% [5] - Over the last quarter, COF shares increased by 8.34%, and over the past year, they gained 33.35%, while the S&P 500 only moved 3.47% and 13.15%, respectively [6] Trading Volume - COF's average 20-day trading volume is 3,619,013 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 7 earnings estimates for COF have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $17.37 to $19.75 [9] - For the next fiscal year, 8 estimates have also moved upwards, indicating a positive trend in earnings expectations [9] Conclusion - Considering the positive price performance, strong earnings outlook, and favorable momentum indicators, COF is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling investment option [11]