Momentum Investing

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Eldorado Gold Corporation (EGO) Is Up 5.18% in One Week: What You Should Know
ZACKS· 2025-06-09 17:06
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 investors identify effective metrics for momentum, addressing the challenges in defining momentum [2] Group 2: Eldorado Gold Corporation (EGO) Analysis - Eldorado Gold Corporation currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - EGO has a Zacks Rank of 2 (Buy), with research showing that stocks rated 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B tend to outperform the market over the following month [4] Group 3: Performance Metrics - EGO shares have increased by 5.18% over the past week, outperforming the Zacks Mining - Gold industry, which rose by 2.97% [6] - Over the past quarter, EGO shares have surged by 38.47%, and over the last year, they have gained 40.49%, while the S&P 500 has only moved 4.9% and 13.46%, respectively [7] Group 4: Trading Volume and Earnings Outlook - EGO's average 20-day trading volume is 1,778,842 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In the past two months, 4 earnings estimates for EGO have been revised upwards, increasing the consensus estimate from $1.42 to $1.64, with no downward revisions for the next fiscal year [10] Group 5: Conclusion - Considering the strong performance metrics and positive earnings outlook, EGO is positioned as a promising investment opportunity with a Momentum Score of A [12]
Centrus Energy Corp. (LEU) Is Up 12.76% in One Week: What You Should Know
ZACKS· 2025-06-09 17:06
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the '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 moment ...
Are You Looking for a Top Momentum Pick? Why Byrna Technologies Inc. (BYRN) is a Great Choice
ZACKS· 2025-06-09 17:06
Company Overview - Byrna Technologies Inc. (BYRN) currently has a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company holds a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, BYRN shares have increased by 17.59%, significantly outperforming the Zacks Technology Services industry, which rose by 2.06% [5] - In a longer time frame, BYRN's shares have appreciated by 45.88% over the past month, compared to the industry's 1.39% [5] - Over the last quarter, BYRN shares have surged by 50.36%, and over the past year, they have gained an impressive 183.45%, while the S&P 500 has only moved 4.9% and 13.46% respectively [6] Trading Volume - The average 20-day trading volume for BYRN is 414,834 shares, which serves as a useful baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, two earnings estimates for BYRN have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $0.31 to $0.35 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [9] Conclusion - Considering the positive performance metrics and earnings outlook, BYRN is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]
Are You Looking for a Top Momentum Pick? Why Astera Labs, Inc. (ALAB) is a Great Choice
ZACKS· 2025-06-09 17:01
Company Overview - Astera Labs, Inc. (ALAB) currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Price Performance - Over the past week, ALAB shares increased by 0.03%, while the Zacks Internet - Software industry rose by 2.72% [6] - In a longer timeframe, ALAB's monthly price change is 27.46%, significantly outperforming the industry's 3.77% [6] - Over the last three months, ALAB shares have risen by 25.73%, and over the past year, they are up 46.51%, compared to the S&P 500's increases of 4.9% and 13.46%, respectively [7] Trading Volume - The average 20-day trading volume for ALAB is 4,375,229 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, 7 earnings estimates for ALAB have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $1.26 to $1.35 [10] - For the next fiscal year, 5 estimates have moved upwards, while 3 have been revised downwards [10] Conclusion - Considering the positive price performance, trading volume, and favorable earnings outlook, ALAB is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]
Here's Why Intuit (INTU) is a Great Momentum Stock to Buy
ZACKS· 2025-06-09 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 Analysis: Intuit (INTU) - Intuit currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3]. - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [4]. - Over the past week, Intuit's shares increased by 2.4%, outperforming the Zacks Computer - Software industry, which rose by 2.1% [6]. - In the last month, Intuit's stock price rose by 18%, significantly higher than the industry's 2.22% [6]. - Over the past three months, Intuit's shares have risen by 28.85%, and by 34.44% over the last year, compared to the S&P 500's increases of 4.9% and 13.46%, respectively [7]. - The average 20-day trading volume for Intuit is 1,919,823 shares, indicating a bullish trend as the stock is rising with above-average volume [8]. Earnings Outlook - In the last two months, 11 earnings estimates for Intuit have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $19.31 to $20.06 [10]. - For the next fiscal year, 10 estimates have also moved upwards, with no downward revisions during the same period [10]. Conclusion - Given the positive momentum indicators and earnings outlook, Intuit is positioned as a strong buy candidate for investors seeking short-term gains [11].
What Makes BlackLine (BL) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-06-09 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.Whil ...
Canadian Imperial Bank (CM) Is Up 1.31% in One Week: What You Should Know
ZACKS· 2025-06-09 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] Company Overview: Canadian Imperial Bank (CM) - CM currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The bank has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Performance Metrics - Over the past week, CM shares increased by 1.31%, outperforming the Zacks Banks - Foreign industry, which rose by 0.88% [5] - In a longer timeframe, CM's monthly price change is 8.43%, compared to the industry's 5.83% [5] - Over the last quarter, CM shares have risen by 22.54%, and by 40.5% over the past year, significantly outperforming the S&P 500, which increased by 4.9% and 13.46% respectively [6] Trading Volume - CM's average 20-day trading volume is 1,040,096 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 6 earnings estimates for CM have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $5.58 to $5.88 [9] - For the next fiscal year, 5 estimates have also moved upwards without any downward revisions [9] Conclusion - Given the strong performance metrics and positive earnings outlook, CM is identified as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]
Best Momentum Stocks to Buy for June 9th
ZACKS· 2025-06-09 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 9th:Dycom Industries, Inc. (DY) : This company that provides specialty contracting services to the telecommunications sector has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.Dycom’s shares gained 77.8% over the last three months compared with the S&P 500’s advance of 6.9%. The company possesses a Momentum Score of A.P ...
Here's Why Triumph Group (TGI) is a Strong Momentum Stock
ZACKS· 2025-06-09 14:56
Company Overview - Triumph Group Inc. is based in Berwyn, PA, and offers a variety of products and services to the aerospace industry, including aircraft parts such as hydraulic, mechanical, and electromechanical control systems, aircraft and engine accessories, structural components, auxiliary power units, and avionics [12] - The company serves a wide range of businesses within the aerospace sector, including commercial and regional airlines and air cargo carriers, and is also an original equipment manufacturer (OEM) for various types of aircraft [12] Investment Rating - Triumph Group is rated as 1 (Strong Buy) on the Zacks Rank, indicating a strong investment opportunity [13] - The company has a VGM Score of A, which combines value, growth, and momentum indicators, suggesting it is an attractive investment [13] Performance Metrics - Triumph Group has a Momentum Style Score of B, with shares having increased by 1.1% over the past four weeks [13] - One analyst has revised their earnings estimate higher for fiscal 2026, with the Zacks Consensus Estimate increasing by $0.03 to $1.06 per share [13] - The company boasts an average earnings surprise of 133.5%, indicating strong performance relative to expectations [13] Conclusion - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Triumph Group is recommended for investors looking for potential growth in the aerospace sector [14]
Fathom Holdings (FTHM) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-06-09 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 involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Fathom Holdings (FTHM) Analysis - Fathom Holdings (FTHM) has shown significant price movement, with a 52.4% increase over the past four weeks, indicating strong investor interest [4] - The stock has gained 41.2% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - FTHM has a beta of 2.13, suggesting it moves 113% higher than the market in either direction, indicating fast-paced momentum [5] - The stock has a Momentum Score of B, suggesting it is an opportune time to invest [6] - FTHM has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [7] - The stock is trading at a low Price-to-Sales ratio of 0.10, indicating it is reasonably valued at present [7] Group 3: Investment Opportunities - FTHM is highlighted as a strong candidate for investment, with potential for further price appreciation [8] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting a broader opportunity for investors [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, providing various strategies to identify winning stocks [9]