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Gold ETFs Continue To Shine: GLD Zooms Past $400 After Hours As Gold Closes In On $4,400 - SPDR Gold Trust (ARCA:GLD)
Benzinga· 2025-10-17 04:08
Core Viewpoint - The SPDR Gold Trust (GLD) is experiencing significant growth due to rising gold prices, with the fund surpassing $400 in after-hours trading and showing strong trading volumes, indicating a capital rotation in the markets [1][2]. Performance Metrics - GLD closed at $396.45 during regular trading, up 2.34%, and reached $400 in after-hours trading [2]. - The fund recorded its second-highest trading volume last week at $12.5 billion, exceeding the daily volumes of major tech stocks [2]. - Gold spot prices have increased by 18.03% over the past month, currently standing at $4,355.71 per ounce, with a year-to-date increase of 65.92% [3][6]. Historical Comparison - Since its launch on November 19, 2004, GLD has achieved total returns of 785.33%, outperforming the S&P 500, which has returned 462.63% during the same period [4]. Analyst Insights - Eric Balchunas, a senior ETF analyst at Bloomberg, noted the impressive performance of GLD, describing it as "mind-melting" and contrary to conventional wisdom [4]. - Ed Yardeni referred to gold as "physical bitcoin," suggesting it could reach $10,000 per ounce by the end of the decade [5]. - Peter Schiff is even more optimistic, predicting gold could reach $20,000 per ounce, driven by a declining dollar [6]. Momentum Analysis - The SPDR Gold Trust is rated highly on momentum in Benzinga's Edge Stock Rankings, indicating a favorable price trend across short, medium, and long-term periods [7].
Best Momentum Stock to Buy for Oct. 15th
ZACKS· 2025-10-15 15:02
Group 1: Dana (DAN) - Dana is a provider of technology driveline, sealing, and thermal-management products with a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for Dana's current year earnings has increased by 35.6% over the last 60 days [1] - Dana's shares gained 10.8% over the last three months, outperforming the S&P 500's gain of 6.4%, and it possesses a Momentum Score of A [2] Group 2: UBS (UBS) - UBS is a leading global wealth management business and universal bank in Switzerland, also involved in global asset management and investment banking, with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for UBS's current year earnings has increased by 2.2% over the last 60 days [2] - UBS's shares gained 12.9% over the last three months, also outperforming the S&P 500's gain of 6.4%, and it possesses a Momentum Score of A [3] Group 3: Brookfield Corporation (BN) - Brookfield Corporation focuses on deploying its capital on a value basis and compounding it over the long term, holding a Zacks Rank 1 [3] - The Zacks Consensus Estimate for Brookfield Corporation's current year earnings has increased by 12.4% over the last 60 days [3] - Brookfield Corporation's shares gained 7.5% over the last three months, surpassing the S&P 500's gain of 6.4%, and it possesses a Momentum Score of B [4]
Here Is Why Bargain Hunters Would Love Fast-paced Mover LG Display (LPL)
ZACKS· 2025-10-15 13:50
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing - Momentum investors often face challenges in determining the right entry point, as stocks can lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify these opportunities [3] Group 2: LG Display (LPL) Analysis - LG Display has shown a price increase of 2.2% over the past four weeks, indicating growing investor interest [4] - The stock has gained 47.8% over the past 12 weeks, with a beta of 1.49, suggesting it moves 49% more than the market [5] - LPL has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - LPL is trading at a Price-to-Sales ratio of 0.27, suggesting it is undervalued at 27 cents for each dollar of sales [7] Group 3: Investment Opportunities - LPL is identified 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, providing more investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in stock selection [9]
Vestas Wind Systems (VWDRY) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-10-15 13:50
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" to maximize returns in a shorter time frame [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: Vestas Wind Systems AS (VWDRY) Analysis - VWDRY has shown a four-week price change of 6.5%, indicating strong investor interest and recent price momentum [4] - The stock has gained 4.5% over the past 12 weeks, with a beta of 1.24, suggesting it moves 24% more than the market in either direction [5] - VWDRY has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to VWDRY earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - VWDRY is trading at a Price-to-Sales ratio of 0.98, suggesting it is undervalued at present, as investors pay only 98 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - VWDRY is part of a broader category of stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, indicating potential for further investment opportunities [8] - There are over 45 Zacks Premium Screens available for investors to identify winning stock picks based on their personal investing styles [9]
Best Momentum Stock to Buy for Oct. 14th
ZACKS· 2025-10-14 15:01
Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: HudBay Minerals, Byrna Technologies, and Jackson Financial [1][2][3][4] Group 1: HudBay Minerals - HudBay Minerals is engaged in the discovery, production, and marketing of base metals in North and Central America [1] - The company has a Zacks Rank of 1 (Strong Buy) and a 5% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - HudBay's shares gained 67.9% over the last three months, significantly outperforming the S&P 500's gain of 6.1% [2] - The company possesses a Momentum Score of A [2] Group 2: Byrna Technologies - Byrna Technologies develops and manufactures innovative non-lethal equipment and munitions [2] - The company also has a Zacks Rank of 1 and an 11.1% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - Byrna's shares gained 9.2% over the last three months, again outperforming the S&P 500's gain of 6.1% [2] - The company possesses a Momentum Score of A [2] Group 3: Jackson Financial - Jackson Financial is a U.S. retirement services provider with a diverse portfolio of differentiated products [3] - The company has a Zacks Rank of 1 and a 4.8% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [3] - Jackson Financial's shares gained 9.3% over the last three months, also outperforming the S&P 500's gain of 6.1% [4] - The company possesses a Momentum Score of A [4]
Despite Fast-paced Momentum, Par Petroleum (PARR) Is Still a Bargain Stock
ZACKS· 2025-10-13 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," rather than traditional strategies of buying low and waiting for recovery [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: Par Petroleum (PARR) Analysis - Par Petroleum (PARR) has shown a four-week price change of 1.4%, indicating growing investor interest [4] - Over the past 12 weeks, PARR's stock gained 4.3%, with a beta of 1.74, suggesting it moves 74% more than the market [5] - PARR has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - PARR has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - The stock is trading at a Price-to-Sales ratio of 0.22, indicating it is relatively cheap at 22 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides PARR, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 strategies tailored to help investors find winning stock picks [9]
4 Biotechnology Stocks Lead Momentum Gains Amid Strong Technicals
Benzinga· 2025-10-10 08:32
Core Insights - The biotechnology sector has seen notable momentum, with four stocks entering the top 10th percentile based on significant week-on-week gains [1][2] Group 1: Key Biotech Stocks - Aldeyra Therapeutics Inc. (ALDX) experienced a momentum percentile surge from 32.07 to 91.32, marking a 59.25-point increase, with an 8.62% year-to-date rise and a 6.58% increase over the year [6] - Alector Inc. (ALEC) improved its momentum percentile from 87.61 to 92.19, a 4.58-point rise, showing a 66.14% year-to-date increase but a decline of 30.99% over the year [6] - Black Diamond Therapeutics Inc. (BDTX) advanced its percentile from 88.36 to 92.61, a 4.25-point gain, with a remarkable 101.87% year-to-date increase and a 25.58% rise over the year [7] - Coherus Oncology Inc. (CHRS) edged up from 89.10 to 92.71, a climb of 3.61 percentile points, with a 30.00% year-to-date increase and an impressive 87.63% rise over the year [7] Group 2: Market Context - The S&P 500 index closed 0.28% lower, while the Nasdaq 100 and Dow Jones indices also saw declines of 0.15% and 0.52% respectively [5] - Futures for the S&P 500, Dow Jones, and Nasdaq 100 indices were trading higher on the following Friday, indicating potential market recovery [5]
4 Biotechnology Stocks Lead Momentum Gains Amid Strong Technicals - Aldeyra Therapeutics (NASDAQ:ALDX)
Benzinga· 2025-10-10 08:32
Core Insights - The biotechnology sector has seen notable momentum, with four stocks entering the top 10th percentile based on significant week-on-week gains [1][2] Group 1: Key Biotech Stocks - Aldeyra Therapeutics Inc. (ALDX) experienced a momentum percentile surge from 32.07 to 91.32, marking a 59.25-point increase, with an 8.62% year-to-date rise and a 6.58% increase over the year [6] - Alector Inc. (ALEC) improved its momentum percentile from 87.61 to 92.19, a 4.58-point rise, showing a 66.14% year-to-date increase but a decline of 30.99% over the year [6] - Black Diamond Therapeutics Inc. (BDTX) advanced its percentile from 88.36 to 92.61, a 4.25-point gain, with a year-to-date increase of 101.87% and a 25.58% rise over the year [7] - Coherus Oncology Inc. (CHRS) edged up from 89.10 to 92.71, a climb of 3.61 percentile points, with a 30.00% year-to-date increase and an 87.63% rise over the year [7] Group 2: Market Context - The S&P 500 index closed 0.28% lower, while the Nasdaq 100 and Dow Jones indices also saw declines of 0.15% and 0.52% respectively, indicating a mixed market environment [5]
Best Momentum Stocks to Buy for October 9th
ZACKS· 2025-10-09 15:01
Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: NETGEAR, Envela Corporation, and Steelcase Inc. [1][2][3] Company Summaries - **NETGEAR, Inc. (NTGR)**: - Zacks Rank: 1 - Earnings estimate increase: 86.7% over the last 60 days - Share price increase: 12.5% over the last three months, outperforming the S&P 500's 6.9% [1] - Momentum Score: A [1] - **Envela Corporation (ELA)**: - Zacks Rank: 1 - Earnings estimate increase: 16.7% over the last 60 days - Share price increase: 17.3% over the past three months, also outperforming the S&P 500's 6.9% [2] - Momentum Score: B [2] - **Steelcase Inc. (SCS)**: - Zacks Rank: 1 - Earnings estimate increase: 4.8% over the last 60 days - Share price increase: 53.9% over the last three months, significantly outperforming the S&P 500's 6.9% [3] - Momentum Score: B [3]
Why Microsoft (MSFT) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-10-09 14:50
Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum [2] - The Value Score identifies attractive stocks using ratios like P/E and Price/Sales, focusing on discounted stocks [3] - The Growth Score emphasizes a company's financial health and future outlook, analyzing projected and historical earnings and cash flow [4] - The Momentum Score helps investors capitalize on price trends, using factors like one-week price change and monthly earnings estimate changes [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for stock selection based on value, growth, and momentum [6] Zacks Rank - The Zacks Rank is a proprietary model based on earnings estimate revisions, with 1 (Strong Buy) stocks achieving an average annual return of +23.81% since 1988, significantly outperforming the S&P 500 [7] - There are over 800 stocks rated 1 or 2, making it essential for investors to utilize Style Scores to narrow down choices [8] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] - Stocks with a 4 (Sell) or 5 (Strong Sell) rating, even with high Style Scores, are less favorable due to declining earnings forecasts [10] Company Spotlight: Microsoft - Microsoft Corporation holds over 73% market share in the desktop operating system sector and is rated 2 (Buy) on the Zacks Rank with a VGM Score of B [11] - The company has a Momentum Style Score of A, with shares increasing by 4.9% in the past four weeks [11] - Recent upward revisions in earnings estimates for fiscal 2026 have raised the Zacks Consensus Estimate to $15.41 per share, with an average earnings surprise of +7% [12]