FormFactor (FORM) is a Great Momentum Stock: Should You Buy?

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: FormFactor (FORM) - FormFactor 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 significant price appreciation, with a 46.88% increase over the past quarter and a 42.19% rise over the last year, compared to the S&P 500's 3.36% and 18.44% respectively [7] Price Performance - Over the past week, FormFactor shares increased by 1.95%, outperforming the Zacks Electronics - Semiconductors industry, which rose by 1.6% [6] - The monthly price change for FormFactor is 5.89%, compared to the industry's 3.29% [6] Trading Volume - The average 20-day trading volume for FormFactor is 878,399 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, one earnings estimate for FormFactor has increased, raising the consensus estimate from $1.15 to $1.17 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [10] Conclusion - Given the positive momentum indicators and earnings outlook, FormFactor is positioned as a strong buy candidate for investors seeking short-term opportunities [12]