Are You Looking for a Top Momentum Pick? Why U.S. Bancorp (USB) is a Great Choice

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: U.S. Bancorp (USB) - U.S. Bancorp currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - The stock has shown a price increase of 4.21% over the past week, compared to a 4.34% increase in the Zacks Banks - Major Regional industry [6] - Over the last quarter, U.S. Bancorp shares have risen by 9.27%, and by 12.88% over the past year, while the S&P 500 has only increased by 2.16% and 12.81%, respectively [7] Trading Volume - The average 20-day trading volume for U.S. Bancorp is 8,394,350 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, three earnings estimates for U.S. Bancorp have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $4.49 to $4.54 [10] - For the next fiscal year, three estimates have also moved higher, indicating positive sentiment regarding future earnings [10] Conclusion - Given the positive momentum indicators and earnings outlook, U.S. Bancorp is positioned as a strong buy candidate for investors seeking short-term opportunities [12]