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.Even though momentum is a popular stock char ...

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.Even though momentum is a popular stock char ...

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 Analysis: Blade Air Mobility, Inc. (BLDE) - BLDE currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [4] - Over the past week, BLDE shares increased by 3.25%, while the Zacks Technology Services industry remained flat [6] - In a longer timeframe, BLDE's shares have risen by 26.85% over the past quarter and 18.87% over the last year, outperforming the S&P 500's gains of 3.59% and 14.21%, respectively [7] - The average 20-day trading volume for BLDE is 613,644 shares, indicating a bullish sentiment as the stock is rising with above-average volume [8] Earnings Outlook - In the last two months, three earnings estimates for BLDE have been revised upwards, while none have been lowered, improving the consensus estimate from -$0.17 to -$0.10 [10] - For the next fiscal year, two estimates have increased, and one has decreased, reflecting a generally positive outlook [10] Conclusion - Considering the strong momentum indicators and positive earnings revisions, BLDE is recommended as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [12]

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 ...

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: Pegasystems (PEGA) - Pegasystems currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - 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 [3] Price Performance - Over the past week, PEGA shares increased by 2.2%, outperforming the Zacks Computer - Software industry, which rose by 1.28% [5] - In the last month, PEGA's price change was 9%, significantly higher than the industry's 3.86% [5] - Over the past quarter, PEGA shares rose by 39.22%, and over the last year, they increased by 73.94%, while the S&P 500 only moved 3.59% and 14.21%, respectively [6] Trading Volume - The average 20-day trading volume for PEGA is 1,232,767 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for PEGA have been revised upwards, with no downward revisions, boosting the consensus estimate from $3.10 to $3.56 [9] - For the next fiscal year, three estimates have also moved upwards without any downward revisions [9] Conclusion - Considering the strong momentum indicators and positive earnings outlook, Pegasystems is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]

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.Even though momentum is a popular stock char ...

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.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

Core Insights - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1] - Fast-moving trending stocks can lose momentum if their growth potential does not justify high valuations, leading to limited upside or potential downside [2] - A safer investment strategy involves identifying bargain stocks with recent price momentum, utilizing tools like the Zacks Momentum Style Score [3] Company Analysis: Signet (SIG) - Signet has shown a price increase of 19.1% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, SIG's stock has gained 53.7%, with a beta of 1.36, suggesting it moves 36% more than the market [5] - SIG has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] - The stock has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - Currently, SIG is trading at a Price-to-Sales ratio of 0.47, suggesting it is undervalued at 47 cents for each dollar of sales [7] Investment Opportunities - SIG appears to have significant growth potential and is part of a broader category of stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [8] - There are additional stocks that also pass through this screening process, providing further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify winning stock picks [9]

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

Group 1: Pegasystems (PEGA) - Pegasystems is a leading provider of Customer Relationship Management software, enabling transaction-intensive organizations to manage a wide range of customer interactions [1] - The company has a Zacks Rank of 1 (Strong Buy) and its current year earnings estimate has increased by 8.4% over the last 60 days [1] - Pegasystems' shares have gained 27.9% over the last three months, significantly outperforming the S&P 500, which gained 2.1% during the same period [2] Group 2: Telenor (TELNY) - Telenor is a leading telecommunications company in Norway, operating in one of the most advanced telecommunications markets globally [2] - The company also holds a Zacks Rank of 1 and has seen its current year earnings estimate increase by 3.8% over the last 60 days [2] - Telenor's shares have increased by 17.3% over the last three months, again outperforming the S&P 500's 2.1% gain [3]