Are You Looking for a Top Momentum Pick? Why Bank of Montreal (BMO) is a Great Choice
BMOBMO(US:BMO) ZACKS·2026-02-12 18:02

Core Viewpoint - The article discusses the momentum investing strategy, highlighting Bank of Montreal (BMO) as a stock with a favorable Momentum Style Score of B, indicating potential for profitable trades based on recent price trends [1][2]. Company Overview - Bank of Montreal currently holds a Zacks Rank of 2 (Buy), suggesting a positive outlook for the stock [3]. - The stock has shown strong performance, with a 4.1% increase over the past week, compared to a 1.2% increase in the Zacks Banks - Foreign industry [5]. - Over the past month, BMO's shares have risen by 7.8%, outperforming the industry's 5.74% [5]. - In the last quarter, BMO shares increased by 17.96%, and over the past year, they have risen by 45.57%, while the S&P 500 only moved 1.65% and 15.6%, respectively [6]. Trading Volume - BMO's average 20-day trading volume is 870,659 shares, which serves as a bullish indicator when combined with rising stock prices [7]. Earnings Outlook - Recent earnings estimate revisions show one upward revision for the full year, increasing the consensus estimate from $9.74 to $9.90 over the past 60 days [9]. - For the next fiscal year, there has been one upward estimate revision with no downward revisions during the same period [9]. Conclusion - Considering the positive momentum indicators and earnings outlook, BMO is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11].