Burlington Stores (BURL) is a Great Momentum Stock: Should You Buy?

Core Viewpoint - Burlington Stores (BURL) has shown strong momentum in earnings estimates and stock performance, indicating a positive outlook for investors. Earnings Estimates - Over the past two months, 6 earnings estimates for BURL have increased, with no downward revisions, raising the consensus estimate from $7.37 to $7.55 [1] - For the next fiscal year, 8 estimates have moved upwards, with no downward revisions during the same period [1][7] Stock Performance - BURL shares have increased by 19.8% over the past week, significantly outperforming the Zacks Retail - Discount Stores industry, which rose by 0.94% [4] - Over the past month, BURL's stock price has changed by 25.61%, compared to the industry's 2.62% [4] - In the last quarter, BURL shares increased by 6.51%, and over the past year, they gained 56.74%, while the S&P 500 only moved 5.79% and 26.87%, respectively [5] Trading Volume - The average 20-day trading volume for BURL is 1,329,057 shares, which is a useful indicator for assessing price movements and market interest [6] Momentum Style Score - BURL currently holds a Momentum Style Score of A, indicating strong momentum characteristics [10] - The Zacks Rank for BURL is 2 (Buy), suggesting it is a favorable investment option [2][11]