Marriott International (MAR) is a Great Momentum Stock: Should You Buy?

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: Marriott International (MAR) - Marriott International currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [3][4] - The stock has shown a price increase of 6.2% over the past week, outperforming the Zacks Hotels and Motels industry, which remained flat [6] - Over the past month, MAR's shares have increased by 14.69%, compared to the industry's 3.61% [6] - In the last quarter, MAR shares rose by 18.35%, and over the past year, they gained 24.8%, while the S&P 500 increased by only 2.88% and 13.25%, respectively [7] Trading Volume - MAR's average 20-day trading volume is 1,648,856 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, 6 earnings estimates for MAR have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $11.47 to $11.64 [10] - For the next fiscal year, 3 estimates have also moved upwards, indicating positive sentiment [10] Conclusion - Considering the positive momentum indicators and earnings outlook, MAR is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]