Are You Looking for a Top Momentum Pick? Why KeyCorp (KEY) is a Great Choice

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] Company Overview: KeyCorp (KEY) - KeyCorp currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - Over the past week, KeyCorp shares have increased by 7.27%, outperforming the Zacks Banks - Major Regional industry, which rose by 4.34% [6] - In a longer timeframe, KeyCorp's shares have appreciated by 21.18% over the past month, compared to the industry's 12.95% [6] - For the last quarter, KeyCorp shares rose by 11.32%, and over the past year, they gained 24.57%, while the S&P 500 only increased by 2.44% and 16.74%, respectively [7] Trading Volume - KeyCorp's average 20-day trading volume is 16,886,354 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, six earnings estimates for KeyCorp have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $1.46 to $1.48 [10] - For the next fiscal year, five estimates have also moved higher, indicating positive sentiment regarding future earnings [10] Conclusion - Given the strong performance metrics and positive earnings outlook, KeyCorp is identified as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [12]