Why Ball (BALL) is a Top Momentum Stock for the Long-Term

Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Style Scores [1][5] - The Zacks Style Scores categorize stocks into Value, Growth, Momentum, and VGM Scores, helping investors identify stocks with the best potential for market outperformance [2][3][4] Zacks Style Scores - Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [2] - Growth Score emphasizes a company's financial health and future growth potential based on earnings and sales projections [2] - Momentum Score identifies trends in stock prices and earnings estimates to optimize entry points for investments [3] - VGM Score combines the three Style Scores to highlight stocks with attractive value, growth forecasts, and momentum [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [5] - There are over 800 stocks rated 1 or 2, providing a wide selection for investors [5] Stock Highlight: Ball Corporation (BALL) - Ball Corporation is a leading supplier of metal packaging and has a Zacks Rank of 3 (Hold) with a VGM Score of A [7] - The stock has a Momentum Style Score of B, with an 8.4% increase in share price over the past four weeks [7] - Recent upward revision of earnings estimates for fiscal 2024 has increased the Zacks Consensus Estimate to $3.16 per share, with an average earnings surprise of 11.7% [7]