Stifel Financial (SF) 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: Stifel Financial (SF) - Stifel Financial currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), which is associated with a history of outperforming the market [4] Price Performance - Over the past week, SF shares increased by 1.48%, outperforming the Zacks Financial - Investment Bank industry, which rose by 0.84% [6] - In the last month, SF's price change was 2.59%, compared to the industry's 2.09% [6] - Over the past quarter, SF shares have risen by 17.31%, and over the last year, they are up 25.43%, while the S&P 500 has only moved 6.77% and 21.08%, respectively [7] Trading Volume - SF's average 20-day trading volume is 649,518 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, one earnings estimate for SF has increased, while none have decreased, raising the consensus estimate from $7.40 to $7.41 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, SF is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [12]