Here's Why Credicorp (BAP) is a Great Momentum Stock to Buy

Company Overview - Credicorp (BAP) currently holds a Momentum Style Score of B, indicating potential for strong performance in the near term [3][12] - 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, shares of Credicorp have increased by 6.51%, while the Zacks Banks - Foreign industry has only risen by 1.38% [6] - In a longer time frame, the monthly price change for Credicorp is 13.13%, significantly outperforming the industry's 0.43% [6] - Over the past quarter, shares have surged by 25.58%, and over the last year, they have gained 78.89%, compared to the S&P 500's increases of 1.25% and 14.72%, respectively [7] Trading Volume - The average 20-day trading volume for Credicorp is 273,452 shares, which serves as a useful indicator of market interest [8] Earnings Outlook - In the last two months, two earnings estimates for Credicorp have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $25.07 to $25.63 [10] - For the next fiscal year, two estimates have also moved upwards, indicating positive sentiment regarding future earnings [10]