Core Insights - Zacks Premium offers various tools to enhance investor confidence and market engagement, including daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores provide a rating system for stocks based on value, growth, and momentum characteristics, helping investors identify securities likely to outperform the market in the short term [2] - Each stock is rated from A to F, with A indicating the highest potential for outperformance [2] Value Score - The Value Score identifies attractive stocks using financial ratios such as P/E, PEG, and Price/Sales, focusing on undervalued stocks [2] Growth Score - The Growth Score assesses a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [3] Momentum Score - The Momentum Score helps investors capitalize on price trends, utilizing metrics like weekly price changes and monthly earnings estimate changes [3] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with strong value, growth, and momentum characteristics [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - There are over 800 stocks rated 1 or 2, making it essential for investors to filter through these options effectively [5] Stock to Watch: Amkor Technology (AMKR) - Amkor Technology, Inc. is a leading provider of semiconductor packaging and test services, with a strong Zacks Rank of 1 (Strong Buy) and a VGM Score of A [7] - The company has a Momentum Style Score of B, with shares increasing by 11.3% in the past four weeks [7] - Recent upward revisions in earnings estimates for fiscal 2024 have raised the Zacks Consensus Estimate by 1.78 per share, with an average earnings surprise of 44.3% [7][8]
Here's Why Amkor Technology (AMKR) is a Strong Momentum Stock