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Rimini Street (RMNI) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-08-05 13:50
Group 1: Momentum Investing Overview - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach [1] - Fast-moving trending stocks can be difficult to enter at the right time, and traditional momentum parameters may not always be reliable [2] Group 2: RMNI Stock Analysis - Rimini Street (RMNI) has shown a recent price momentum with a four-week price change of 3% [4] - RMNI has gained 22% over the past 12 weeks, indicating strong long-term momentum, with a beta of 1.34, suggesting it moves 34% more than the market [5] - RMNI has a Momentum Score of B, indicating a favorable time to invest [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [7] - RMNI is trading at a Price-to-Sales ratio of 0.89, suggesting it is undervalued at 89 cents for each dollar of sales [7] Group 3: Investment Opportunities - RMNI is highlighted as a strong candidate for investment, with potential for further price increases [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 to help identify winning stock picks based on various investing styles [9]
SNDL INC (SNDL) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-08-05 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 Strategy - Momentum investors often face challenges in determining the right entry point for fast-moving stocks, which can lead to investments with limited upside or potential downside [2] - A safer approach may involve investing in bargain stocks that have recently shown price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [3] Group 2: SNDL Inc. Analysis - SNDL Inc. has demonstrated significant price momentum, with a 32.3% increase over the past four weeks, indicating growing investor interest [4] - The stock has gained 24.2% over the past 12 weeks, and its beta of 3.57 suggests it moves 257% higher than the market in either direction, highlighting its fast-paced momentum [5] - SNDL has a Momentum Score of A, suggesting it is an opportune time to invest in the stock to capitalize on its momentum [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to SNDL earning a Zacks Rank 2 (Buy), as analysts raising estimates typically attract more investor interest [7] - SNDL is trading at a Price-to-Sales ratio of 0.64, indicating it is relatively undervalued, as investors pay only 64 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides SNDL, 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 different strategies tailored to help investors find winning stock picks [9]
Watch These 3 "Mag 7" Stocks Showing Positive Momentum
ZACKS· 2025-08-04 20:01
Group 1 - Richard Driehaus has been recognized in Barron's All-Century Team for his "buy high and sell higher" strategy, which effectively identifies top momentum stocks [1] - The strategy emphasizes investing in stocks that are increasing in price rather than those in decline, aligning with the philosophy of the American Association of Individual Investors (AAII) [2][4] - Key criteria for the Driehaus strategy include a positive percentage 50-day moving average and strong earnings growth rates, which are essential for selecting potential outperformers [3][4] Group 2 - The screening parameters for the Driehaus strategy include a Zacks Rank of 3 (Hold) and a Momentum Score of A or B, which have shown solid upside potential [5][6] - Stocks must have a last 5-year average EPS growth rate above 2%, trailing 12-month EPS growth greater than 0, and a positive percentage change in the 50-day moving average [7] - The final momentum picks include Amazon (AMZN), Alphabet (GOOGL), and Meta Platforms (META), all of which demonstrated strong EPS growth and rising momentum indicators [9][10][11][12]
Lincoln Electric Holdings (LECO) Is Up 2.59% in One Week: What You Should Know
ZACKS· 2025-08-04 17:00
Company Overview - Lincoln Electric Holdings (LECO) currently has a Momentum Style Score of B, indicating a positive outlook based on recent price trends and earnings estimate revisions [3][12] - The company is recognized for manufacturing specialized welding products and other equipment, positioning it as a solid momentum pick [4][12] Performance Metrics - LECO shares have increased by 28.81% over the past quarter and 21.3% over the last year, significantly outperforming the S&P 500, which moved 11.66% and 15.86% respectively during the same periods [7] - Over the past week, LECO shares rose by 2.59%, while the Zacks Manufacturing - Tools & Related Products industry saw a slight increase of 2.9% [6] - The monthly price change for LECO is 11.49%, compared to the industry's performance of only 0.28% [6] Trading Volume - The average 20-day trading volume for LECO is 347,084 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, three earnings estimates for LECO have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $9.05 to $9.17 [10] - For the next fiscal year, three estimates have also moved upwards without any downward revisions, indicating a positive earnings outlook [10]
Why ITT (ITT) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-08-04 14:51
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to complement the Zacks Rank, aiding investors in selecting stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated A, B, C, D, or F based on value, growth, and momentum characteristics, with higher scores indicating better performance potential [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Concentrates on a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks with upward or downward trends in price or earnings, utilizing factors like one-week price change and monthly earnings estimate changes [5] VGM Score - Combines all three Style Scores to provide a comprehensive rating, highlighting stocks with attractive value, strong growth forecasts, and promising momentum [6] Zacks Rank Integration - The Zacks Rank leverages earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.75% since 1988, outperforming the S&P 500 [7] - A significant number of stocks can hold a Strong Buy or Buy rank, making the Style Scores essential for narrowing down investment choices [8] Investment Strategy - For optimal returns, investors should consider stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] - Stocks with lower ranks but high Style Scores may still present risks due to declining earnings forecasts [10] Company Spotlight: ITT Inc. - ITT Inc., based in New York City, is a leader in high-technology engineering and manufacturing, holding a Zacks Rank of 2 (Buy) and a VGM Score of B [11] - The company has seen a 1.8% increase in shares over the past four weeks, with three analysts raising earnings estimates for fiscal 2025, resulting in a Zacks Consensus Estimate of $6.45 per share [12]
Evercore (EVR) Is Up 0.86% in One Week: What You Should Know
ZACKS· 2025-08-01 17:00
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: Evercore (EVR) - Evercore currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] - The stock has shown a price increase of 0.86% over the past week, compared to a 1.28% increase in the Zacks Financial - Investment Bank industry [6] - Over the past quarter, Evercore shares have increased by 38.94%, and by 26.46% over the last year, significantly outperforming the S&P 500, which increased by 14.12% and 16.19% respectively [7] Trading Volume - Evercore's average 20-day trading volume is 598,207 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, two earnings estimates for Evercore have been revised upwards, raising the consensus estimate from $10.79 to $12.41 [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10] Conclusion - Considering the positive price trends and earnings outlook, Evercore is positioned as a strong buy with a Momentum Score of B, making it a notable investment opportunity [12]
Metalla Royalty & Streaming Ltd. (MTA) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-08-01 17:00
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of "buying high, hoping to sell even higher" [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Metalla Royalty & Streaming Ltd. (MTA) currently holding a Momentum Style Score of B [2] Group 2: Zacks Rank and Performance - MTA has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3] - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) with Style Scores of "A or B" tend to outperform the market over the following month [3] Group 3: Recent Performance Metrics - MTA shares have increased by 10.85% over the past week, outperforming the Zacks Mining - Miscellaneous industry, which rose by 1.38% [5] - Over the last quarter, MTA shares have risen by 33.33%, and by 39.44% over the past year, compared to the S&P 500's increases of 14.12% and 16.19% respectively [6] Group 4: Trading Volume and Earnings Outlook - MTA's average 20-day trading volume is 360,833 shares, indicating a bullish sign if the stock is rising with above-average volume [7] - In the past two months, one earnings estimate for MTA has moved higher, raising the consensus estimate from -$0.01 to $0.00 [9] Group 5: Conclusion - Given the positive momentum indicators and earnings outlook, MTA is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential pick for near-term gains [11]
Reckitt Benckiser Group PLC (RBGLY) Is Up 11.73% in One Week: What You Should Know
ZACKS· 2025-08-01 17:00
Company Overview - Reckitt Benckiser Group PLC (RBGLY) currently holds a Momentum Style Score of B, indicating potential for strong performance based on recent trends [3][12] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned favorably in the market [4][12] Price Performance - Over the past week, RBGLY shares have increased by 11.73%, matching the performance of the Zacks Soap and Cleaning Materials industry [6] - In the last month, RBGLY's price change is 8.09%, again in line with the industry's performance [6] - For longer-term metrics, RBGLY shares have risen 15.8% over the past three months and 41.39% over the last year, outperforming the S&P 500, which increased by 14.12% and 16.19% respectively [7] Trading Volume - The average 20-day trading volume for RBGLY is 285,846 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, three earnings estimates for RBGLY have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.92 to $0.94 [10] - For the next fiscal year, three estimates have also moved upwards without any downward revisions [10]
Are You Looking for a Top Momentum Pick? Why Federal Signal (FSS) is a Great Choice
ZACKS· 2025-08-01 17:00
Company Overview - Federal Signal (FSS) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company is involved in manufacturing products such as street sweepers and toll booth technology for government, industrial, and commercial customers [4] Performance Metrics - FSS shares have increased by 41.28% over the past quarter and 30.39% over the last year, significantly outperforming the S&P 500, which moved 14.12% and 16.19% respectively during the same periods [7] - Over the past week, FSS shares are up 0.5%, matching the performance of the Zacks Diversified Operations industry [6] Trading Volume - The average 20-day trading volume for FSS is 825,709 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [8] Earnings Outlook - In the last two months, four earnings estimates for FSS have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $3.83 to $3.96 [10] - For the next fiscal year, four estimates have also moved upwards without any downward revisions [10] Investment Recommendation - Given the strong performance metrics and positive earnings outlook, FSS is rated as a 1 (Strong Buy) stock, making it a compelling option for investors seeking momentum picks [12]
What Makes Comfort Systems (FIX) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-08-01 17:00
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][2]. Company Overview: Comfort Systems (FIX) - Comfort Systems currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [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, shares of Comfort Systems have increased by 24.28%, significantly outperforming the Zacks Building Products - Air Conditioner and Heating industry, which rose by 5.53% [6]. - In a longer timeframe, the monthly price change for FIX is 30%, compared to the industry's 0.79% [6]. - Over the last quarter, FIX shares have risen by 60.15%, and over the past year, they have increased by 115.29%, while the S&P 500 has only moved 14.12% and 16.19%, respectively [7]. Trading Volume - The average 20-day trading volume for FIX is 406,624 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - Recent earnings estimate revisions show one upward revision for the current fiscal year, increasing the consensus estimate from $18.99 to $21.04 over the past 60 days [10]. - For the next fiscal year, two estimates have moved upwards with no downward revisions during the same period [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, Comfort Systems is positioned as a promising momentum pick with a 1 (Strong Buy) rating and a Momentum Score of A [12].