Are You Looking for a Top Momentum Pick? Why Nordson (NDSN) is a Great Choice
NordsonNordson(US:NDSN) ZACKS·2026-02-04 18:01

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: Nordson (NDSN) - Nordson currently holds a Momentum Style Score of B, indicating a positive outlook based on price changes and earnings estimate revisions [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, NDSN shares increased by 1.2%, while the Zacks Manufacturing - General Industrial industry remained flat [5] - In a longer timeframe, NDSN's shares rose by 10.39% over the past month, outperforming the industry's 4.98% [5] - Over the last quarter, NDSN shares increased by 17.66%, and over the past year, they rose by 28.11%, compared to the S&P 500's gains of 1.21% and 16.64%, respectively [6] Trading Volume - NDSN's average 20-day trading volume is 410,118 shares, which serves as a baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, four earnings estimates for NDSN have been revised upwards, while none have been revised downwards, leading to an increase in the consensus estimate from $10.94 to $11.19 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions [9] Conclusion - Given the positive momentum indicators and earnings outlook, NDSN is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]