Momentum investing

Search documents
Are You Looking for a Top Momentum Pick? Why IREN Limited (IREN) is a Great Choice
ZACKS· 2025-07-28 17:01
Company Overview - IREN Limited 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] Price Performance - IREN shares have increased by 10.54% over the past week, significantly outperforming the Zacks Financial - Miscellaneous Services industry, which rose by only 0.03% [5] - Over the past month, IREN's stock price has surged by 35.16%, compared to the industry's 4.54% [5] - In the last quarter, IREN's shares have skyrocketed by 178.18%, and over the past year, they have gained 87.91%, while the S&P 500 only increased by 16.04% and 19.71%, respectively [6] Trading Volume - IREN's average 20-day trading volume is 33,024,842 shares, which is considered a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, two earnings estimates for IREN have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.06 to $0.14 [9] - For the next fiscal year, two estimates have also moved upwards, indicating a positive earnings outlook [9] Conclusion - Given the strong price performance, positive earnings revisions, and favorable momentum indicators, IREN Limited is positioned as a promising investment opportunity with a Momentum Score of B [11]
Here's Why Accel Entertainment (ACEL) is a Great Momentum Stock to Buy
ZACKS· 2025-07-28 17:01
Company Overview - Accel Entertainment (ACEL) currently holds a Momentum Style Score of B, indicating potential for solid momentum investing [3] - The company has a Zacks Rank of 2 (Buy), which is associated with a strong track record of outperformance [4] Price Performance - Over the past week, ACEL shares have increased by 0.25%, while the Zacks Gaming industry remained flat [6] - In a longer time frame, ACEL's monthly price change is 7.69%, significantly outperforming the industry's 1.27% [6] - Over the past quarter, ACEL shares have risen by 21.22%, and over the last year, they have gained 20.3%, compared to the S&P 500's increases of 16.04% and 19.71%, respectively [7] Trading Volume - ACEL's average 20-day trading volume is 251,596 shares, which serves as a price-to-volume baseline for assessing stock momentum [8] Earnings Outlook - In the past two months, one earnings estimate for ACEL has moved higher, increasing the consensus estimate from $0.85 to $0.86 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [10] Conclusion - Considering the positive price trends, trading volume, and earnings outlook, ACEL is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]
Why Fast-paced Mover Civeo (CVEO) Is a Great Choice for Value Investors
ZACKS· 2025-07-28 13:50
Group 1: Momentum Investing Overview - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] - Investors are attracted to fast-moving stocks, but determining the right entry point can be challenging, as stocks may lose momentum if their valuations exceed future growth potential [2] Group 2: Investment Strategy and Stock Selection - Investing in bargain stocks that have recently shown price momentum can be a safer approach; the Zacks Momentum Style Score is useful for identifying such stocks [3] - Civeo (CVEO) is highlighted as a strong candidate due to its recent price momentum, with a four-week price change of 5.8% [4] - CVEO has demonstrated significant long-term performance, gaining 26.8% over the past 12 weeks, and has a beta of 1.36, indicating higher volatility compared to the market [5] Group 3: Valuation and Earnings Estimates - CVEO has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [6] - The stock has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest [7] - CVEO is trading at a Price-to-Sales ratio of 0.49, indicating it is relatively undervalued, as investors pay only 49 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides CVEO, 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 various investing styles, which can help identify potential winning stocks [9]
Here Is Why Bargain Hunters Would Love Fast-paced Mover Phinia (PHIN)
ZACKS· 2025-07-28 13:50
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] Group 2: Phinia (PHIN) Stock Analysis - Phinia (PHIN) has shown a price increase of 17.3% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, PHIN's stock gained 25%, with a beta of 1.49, suggesting it moves 49% more than the market [5] - PHIN has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - PHIN is trading at a Price-to-Sales ratio of 0.62, suggesting it is undervalued at 62 cents for each dollar of sales [7] Group 3: Investment Opportunities - PHIN appears to have significant potential for growth, and there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [8] - Various Zacks Premium Screens are available to help identify winning stock picks based on different investing styles [9]
Northern Trust Corporation (NTRS) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-07-25 17:00
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: Northern Trust Corporation (NTRS) - NTRS currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, NTRS shares increased by 1.6%, while the Zacks Banks - Major Regional industry saw a slight decline of 0.02% [5] - In a longer timeframe, NTRS shares rose by 4.71% over the past month, compared to the industry's performance of 6.12% [5] - Over the last quarter, NTRS shares surged by 35.62%, and over the past year, they increased by 46.35%, significantly outperforming the S&P 500, which rose by 16.43% and 18.63% respectively [6] Trading Volume - The average 20-day trading volume for NTRS is 1,868,366 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, five earnings estimates for NTRS have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $7.94 to $8.36 [9] - For the next fiscal year, six estimates have also moved higher, indicating a positive earnings outlook [9] Conclusion - Considering the positive momentum indicators and earnings revisions, NTRS is positioned as a strong buy candidate with a Momentum Score of B, making it a noteworthy option for investors seeking short-term gains [11]
What Makes Western New England Bancorp (WNEB) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-07-25 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: Western New England Bancorp (WNEB) - WNEB currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Performance Metrics - WNEB shares have increased by 2.2% over the past week, while the Zacks Banks - Foreign industry has declined by 0.36% during the same period [5] - Over the last quarter, WNEB shares have risen by 23.05%, and over the past year, they have gained 33.92%, significantly outperforming the S&P 500, which increased by 16.43% and 18.63% respectively [6] - The average 20-day trading volume for WNEB is 205,024 shares, indicating a bullish sign with rising stock prices [7] Earnings Outlook - In the past two months, two earnings estimates for WNEB have been revised upwards, while none have been lowered, raising the consensus estimate from $0.60 to $0.67 [9] - For the next fiscal year, three estimates have also moved upwards with no downward revisions, indicating positive earnings momentum [9] Conclusion - Given the strong performance metrics and positive earnings outlook, WNEB is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]
What Makes StepStone Group Inc. (STEP) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-07-25 17:00
Company Overview - StepStone Group Inc. (STEP) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [2][11] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the market [3][11] Price Performance - Over the past week, STEP shares have increased by 5.09%, while the Zacks Financial - Miscellaneous Services industry has only risen by 0.03% [5] - In a longer time frame, STEP's monthly price change is 9.05%, outperforming the industry's 5.35% [5] - Over the past quarter, STEP shares have gained 18.57%, and over the last year, they have increased by 26.29%, compared to the S&P 500's gains of 16.43% and 18.63%, respectively [6] Trading Volume - STEP's average 20-day trading volume is 541,261 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, two earnings estimates for STEP have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $1.79 to $1.84 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [9]
Soleno Therapeutics, Inc. (SLNO) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-07-25 17:00
Company Overview - Soleno Therapeutics, Inc. (SLNO) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3][12] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4][12] Price Performance - SLNO shares have increased by 6.91% over the past week, while the Zacks Medical - Drugs industry has decreased by 0.38% during the same period [6] - Over the past quarter, SLNO shares have risen by 17.34%, and they have gained 87.5% over the last year, outperforming the S&P 500's increases of 16.43% and 18.63%, respectively [7] Trading Volume - The average 20-day trading volume for SLNO is 1,461,273 shares, which is a useful indicator of market interest and price movement [8] Earnings Outlook - In the past two months, three earnings estimates for SLNO have been revised upwards, while none have been revised downwards, leading to an increase in the consensus estimate from -$3.09 to -$2.33 [10] - For the next fiscal year, two estimates have moved upwards with no downward revisions, indicating positive sentiment regarding future earnings [10]
What Makes Calix (CALX) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-07-25 17:00
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 investors identify stocks with momentum by focusing on key metrics [2] Group 2: Calix (CALX) Analysis - Calix currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - Over the past week, CALX shares increased by 6.3%, outperforming the Zacks Internet - Software industry, which rose by 1.92% [6] - In the last quarter, CALX shares have risen by 33.89%, and over the past year, they have gained 59.44%, significantly outperforming the S&P 500's increases of 16.43% and 18.63% respectively [7] Group 3: Trading Volume and Earnings Outlook - CALX's average 20-day trading volume is 890,906 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In the past two months, two earnings estimates for CALX have been revised upwards, increasing the consensus estimate from $0.86 to $1.08 [10] - The positive earnings outlook and strong momentum indicators suggest that CALX is a promising stock for near-term investment [12]
Why Fast-paced Mover Enova International (ENVA) Is a Great Choice for Value Investors
ZACKS· 2025-07-25 13:51
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, as stocks may 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 such opportunities [3] Group 2: Enova International (ENVA) Analysis - Enova International (ENVA) has shown a price increase of 5.9% over the past four weeks, indicating growing investor interest [4] - The stock has gained 22% over the past 12 weeks, with a beta of 1.48, suggesting it moves 48% more than the market [5] - ENVA has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - ENVA 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 0.97, suggesting it is undervalued as investors pay only 97 cents for each dollar of sales [7] Group 4: Additional Opportunities - Besides ENVA, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 strategies tailored to help investors find winning stock picks [9]