Are You Looking for a Top Momentum Pick? Why Owens Corning (OC) is a Great Choice

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Owens Corning (OC) currently holding a Momentum Style Score of B [2] - Style Scores complement the Zacks Rank, which has a strong track record of outperforming the market, with OC having a Zacks Rank of 2 (Buy) [3] Group 2: Owens Corning Performance Metrics - OC shares have increased by 1.14% over the past week, while the Zacks Building Products - Miscellaneous industry has risen by 2.96% [5] - Over the past quarter, OC shares have risen by 25.53%, and by 66.6% over the last year, significantly outperforming the S&P 500's increases of 5.3% and 28.9%, respectively [6] - The average 20-day trading volume for OC is 665,165 shares, indicating a bullish sign when combined with rising stock prices [7] Group 3: Earnings Outlook - In the past two months, three earnings estimates for OC have increased, raising the consensus estimate from $14.08 to $15.37 [9] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [9] Group 4: Conclusion - Considering the performance metrics and earnings outlook, OC is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential short-term investment opportunity [10]