Company Overview - Omega Healthcare Investors (OHI) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Price Performance - Over the past week, OHI shares increased by 1.02%, while the Zacks REIT and Equity Trust - Other industry rose by 1.9% [6] - In a longer time frame, OHI shares have risen 13.08% over the past quarter and 21.04% over the last year, significantly outperforming the S&P 500, which moved 2.42% and 14.97% respectively [7] Trading Volume - OHI's average 20-day trading volume is 1,386,587 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for OHI has increased, while none have decreased, raising the consensus estimate from $3.08 to $3.09 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions noted [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, OHI is recommended as a solid pick for investors seeking near-term opportunities [12]
Are You Looking for a Top Momentum Pick? Why Omega Healthcare Investors (OHI) is a Great Choice