Why Dover Corporation (DOV) is a Top Momentum Stock for the Long-Term

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores provide a rating system for stocks based on value, growth, and momentum, helping investors identify securities likely to outperform the market in the short term [2][3] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales, aiming to find attractive investment opportunities [3] Growth Score - The Growth Style Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score assists investors in capitalizing on price trends, utilizing metrics like short-term price changes and earnings estimate revisions to identify optimal entry points [5] VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores, providing a comprehensive assessment of stocks based on weighted characteristics, aiding in the selection of the most promising investments [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.83% since 1988, significantly outperforming the S&P 500 [7][9] Stock Example: Dover Corporation - Dover Corporation, an industrial conglomerate, is currently rated 3 (Hold) with a VGM Score of B and a Momentum Style Score of A, having seen a 2.5% increase in shares over the past four weeks [11] - Analysts have recently revised Dover's earnings estimate upwards, with the Zacks Consensus Estimate rising by $0.01 to $10.60 per share, and the company has an average earnings surprise of +2.8% [12]