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What Makes Daktronics (DAKT) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-09-19 17:02
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: Daktronics (DAKT) - Daktronics currently holds a Momentum Style Score of B, indicating potential for solid momentum [3] - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4] Performance Metrics - Over the past week, Daktronics shares have increased by 34.58%, while the Zacks Electronics - Miscellaneous Products industry remained flat [6] - In the last month, Daktronics shares rose by 40.43%, significantly outperforming the industry's 6.32% [6] - Over the past quarter, Daktronics shares have risen by 51.26%, and over the last year, they are up 82.76%, compared to the S&P 500's increases of 11.2% and 19.34%, respectively [7] Trading Volume - Daktronics has an average 20-day trading volume of 516,429 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for Daktronics has increased, raising the consensus estimate from $1.02 to $1.09 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [10] Conclusion - Considering the strong performance metrics and positive earnings outlook, Daktronics is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling investment option [12]
Norsk Hydro ASA (NHYDY) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-09-19 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Buenaventura (BVN) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-09-18 17:01
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Buenaventura (BVN) currently holding a Momentum Style Score of A [2][3] Group 2: Performance Metrics - Buenaventura has a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3] - Over the past week, BVN shares increased by 0.4%, while the Zacks Mining - Silver industry rose by 3.16% [5] - In the last quarter, BVN shares surged by 23.26%, and over the past year, they gained 47.14%, significantly outperforming the S&P 500's increases of 10.66% and 18.43% respectively [6] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for BVN is 1,031,934 shares, which is a bullish indicator when combined with rising stock prices [7] - In the past two months, one earnings estimate for BVN increased, raising the consensus estimate from $1.43 to $1.66, with no downward revisions noted [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, Buenaventura is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment option [11]
Aveanna Healthcare (AVAH) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-09-18 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Overview: Aveanna Healthcare (AVAH) - Aveanna Healthcare currently holds a Momentum Style Score of B, indicating potential for solid momentum [3] - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4] Performance Metrics - Over the past week, AVAH shares increased by 2.68%, while the Zacks Medical - Outpatient and Home Healthcare industry rose by 0.41% [6] - In a longer timeframe, AVAH's monthly price change is 12.22%, significantly outperforming the industry's 0.49% [6] - Over the last quarter, AVAH shares surged by 66.25%, and gained 52.74% over the past year, compared to the S&P 500's increases of 10.66% and 18.43% respectively [7] Trading Volume - The average 20-day trading volume for AVAH is 1,164,474 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, four earnings estimates for AVAH have been revised upwards, with no downward revisions, boosting the consensus estimate from $0.22 to $0.42 [10] - For the next fiscal year, four estimates have also moved upwards without any downward revisions [10] Conclusion - Considering the positive performance metrics and earnings outlook, AVAH is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling option for investors seeking short-term gains [12]
Extreme Networks (EXTR) Is Up 2.86% in One Week: What You Should Know
ZACKS· 2025-09-18 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum i ...
Are You Looking for a Top Momentum Pick? Why Reddit Inc. (RDDT) is a Great Choice
ZACKS· 2025-09-18 17:01
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][2]. Company Overview: Reddit Inc. (RDDT) - Reddit Inc. currently holds a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy) [3][4]. - The stock has shown significant price increases, with shares up 88.08% over the past quarter and 318.58% over the last year, outperforming the S&P 500, which increased by 10.66% and 18.43% respectively [7]. Price Performance - Over the past week, RDDT shares increased by 5.95%, while the Zacks Internet - Software industry rose by only 0.23% [6]. - The monthly price change for RDDT is 22.03%, compared to the industry's 7.2% [6]. Trading Volume - RDDT's average 20-day trading volume is 5,058,259 shares, indicating a bullish sign as the stock is rising with above-average volume [8]. Earnings Outlook - In the past two months, 11 earnings estimates for RDDT have been revised upwards, with no downward revisions, boosting the consensus estimate from $1.21 to $1.82 [10]. - For the next fiscal year, 11 estimates have also moved upwards without any downward revisions [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, RDDT is positioned as a promising momentum pick for investors [12].
Aveanna (AVAH) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-09-18 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Fast-paced Momentum Stock 3D Systems (DDD) Is Still Trading at a Bargain
ZACKS· 2025-09-18 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach may involve investing in bargain stocks that are experiencing recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Case Study - 3D Systems (DDD) - 3D Systems (DDD) has shown significant price movement, with a 13.7% increase over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, DDD's stock has gained 61.2%, with a beta of 2.09, suggesting it moves 109% higher than the market on average [5] - DDD has a Momentum Score of B, indicating a favorable time to invest based on its momentum characteristics [6] Group 3: Earnings Estimates and Valuation - DDD's upward trend in earnings estimate revisions has contributed to its Zacks Rank 2 (Buy), as analysts raising estimates typically attract more investor interest [7] - The stock is currently trading at a Price-to-Sales ratio of 0.70, suggesting it is undervalued at 70 cents for each dollar of sales, providing room for further price appreciation [7] Group 4: Additional Investment Opportunities - Besides DDD, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
Kaiser (KALU) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-09-18 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum if future growth does not justify high valuations [1] - Identifying the right entry point for fast-moving stocks is challenging, and traditional momentum parameters may not always be reliable [1] Group 2: Bargain Stocks and Screening - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [2] Group 3: Kaiser Aluminum (KALU) Analysis - Kaiser Aluminum (KALU) has shown a price increase of 3.1% over the past four weeks, indicating growing investor interest [3] - KALU has gained 0.3% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 1.54, suggesting it moves 54% higher than the market in either direction, indicating fast-paced momentum [4] Group 4: Valuation and Earnings Estimates - KALU has a Momentum Score of B, suggesting it is a favorable time to invest in the stock [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [6] - KALU is trading at a Price-to-Sales ratio of 0.40, indicating it is relatively cheap, as investors pay only 40 cents for each dollar of sales [6] Group 5: Additional Investment Opportunities - KALU is not the only stock that meets the 'Fast-Paced Momentum at a Bargain' criteria; there are several other candidates worth considering [7] - Investors can choose from over 45 Zacks Premium Screens tailored to different investing styles to find potential winning stocks [8]
TE Connectivity (TEL) Is Up 0.52% in One Week: What You Should Know
ZACKS· 2025-09-17 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...