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Best Momentum Stock to Buy for October 3rd
ZACKS· 2025-10-03 15:01
Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: Gold Fields Limited, Genmab, and Aegon [1][2][3]. Group 1: Gold Fields Limited (GFI) - Gold Fields Limited is one of the world's largest unhedged gold producers with operations in South Africa, Ghana, and Australia [1]. - The company has a Zacks Rank 1 (Strong Buy) and its current year earnings estimate increased by 7% over the last 60 days [1]. - Gold Fields' shares gained 76.1% over the last three months, significantly outperforming the S&P 500's gain of 7% [2]. - The company possesses a Momentum Score of A [2]. Group 2: Genmab (GMAB) - Genmab is a biotechnology company specializing in antibody therapeutics for cancer treatment [2]. - The company also has a Zacks Rank 1 and its current year earnings estimate increased by 10.1% over the last 60 days [2][3]. - Genmab's shares gained 58.2% over the last three months, again outperforming the S&P 500's gain of 7% [3]. - The company possesses a Momentum Score of A [3]. Group 3: Aegon (AEG) - Aegon is an international insurance group providing life and health insurance, as well as pension, savings, and investment products in Europe, North America, and the Caribbean [3][4]. - The company has a Zacks Rank 1 and its current year earnings estimate increased by 10.1% over the last 60 days [3][4]. - Aegon's shares gained 11.1% over the last three months, outperforming the S&P 500's gain of 7% [4]. - The company possesses a Momentum Score of A [4].
SPS Commerce Stock: Large TAM, Solid Moat, Renewed Sales Strategy (NASDAQ:SPSC)
Seeking Alpha· 2025-10-03 03:31
Group 1 - The individual investor focuses on managing personal capital accumulated over the years, utilizing a diverse range of investment strategies including fundamental, technical, and momentum investing [1] - The investor aims to leverage the strengths of various investment approaches to refine their investment process [1] - The purpose of writing on Seeking Alpha is to track the performance of investment ideas and connect with like-minded investors [1] Group 2 - There is no stock, option, or similar derivative position held by the analyst in any mentioned companies, nor are there plans to initiate such positions in the near future [2] - The article reflects the author's personal opinions and is not influenced by compensation from any company [2] - Seeking Alpha does not provide recommendations or advice regarding the suitability of investments for particular investors [3]
Why This Market Will Keep Climbing
Investor Place· 2025-10-02 21:46
Labor Market Conditions - The unemployment rate remained stable at 4.34% in September, just 0.01 percentage points shy of reaching 4.4%, the highest since October 2021 [3] - Planned layoffs in Q3 totaled 202,118, marking the highest quarterly total since 2020, with year-to-date job cuts reaching 946,426, a 55% increase from the same period last year [3][4] - The current labor market is characterized by stagnation, cost increases, and transformative technology, with potential stabilization expected in Q4 due to anticipated rate cuts [4] Stock Market Valuations - The U.S. stock market is currently trading at its highest valuation in history, surpassing levels seen during the Dot Com Bubble and the Great Depression [5][8] - Despite high valuations, momentum is expected to drive markets higher over the next 12 months, particularly in AI infrastructure investments [10][24] Momentum vs. Valuation - In the short term, momentum is a stronger driver of stock prices than valuation, with evidence suggesting that momentum can overpower valuation in monthly or quarterly time frames [11][12] - Over a 10-year horizon, valuation becomes the dominant driver of market performance, but in the short term, investors are advised to focus on buying pressure and technical signals [17] Investment Opportunities - A significant financial event, referred to as Project Yorktown, is anticipated to redirect $4 trillion into specific market sectors, presenting a unique investment opportunity [27] - The activation of Project Yorktown on October 21 is expected to reshape America's financial landscape, with potential benefits for investors in overlooked market areas [26][27]
Gilat Satellite (GILT) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-10-02 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: Gilat Satellite (GILT) - Gilat Satellite currently holds a Momentum Style Score of B, indicating a favorable momentum characteristic [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, GILT shares increased by 0.95%, matching the performance of the Zacks Satellite and Communication industry [5] - In a longer timeframe, GILT's monthly price change is 46.88%, significantly outperforming the industry's 24.39% [5] - GILT shares have surged by 81.36% over the past quarter and 169.57% over the last year, while the S&P 500 has only increased by 8.57% and 18.94%, respectively [6] Trading Volume - The average 20-day trading volume for GILT is 1,083,731 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for GILT has increased, raising the consensus estimate from $0.33 to $0.59 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Given the strong performance metrics and positive earnings outlook, GILT is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling investment option [11]
Airbus SE - Unsponsored ADR (EADSY) Is Up 0.44% in One Week: What You Should Know
ZACKS· 2025-10-02 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "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 momentum i ...
OptimizeRx Corp. (OPRX) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-10-02 17:01
Core Viewpoint - OptimizeRx Corp. (OPRX) is identified as a strong momentum stock with a Zacks Rank of 1 (Strong Buy) and a Momentum Style Score of B, indicating potential for significant near-term gains [4][12]. Company Performance - OPRX shares have increased by 3.19% over the past week, while the Zacks Computer - Software industry has declined by 1.15% during the same period [6]. - Over the last quarter, OPRX shares have risen by 40.18%, and over the past year, they have surged by 150.07%, significantly outperforming the S&P 500, which has moved 8.57% and 18.94% respectively [7]. - The average 20-day trading volume for OPRX is 371,193 shares, indicating a bullish trend as the stock is rising with above-average volume [8]. Earnings Outlook - In the past two months, four earnings estimates for OPRX have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.53 to $0.67 [10]. - For the next fiscal year, four estimates have also moved upwards without any downward revisions, suggesting a positive earnings outlook [10].
Are You Looking for a Top Momentum Pick? Why Xometry (XMTR) is a Great Choice
ZACKS· 2025-10-02 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 Overview: Xometry (XMTR) - Xometry currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance in the market [3][4]. - The company operates in the on-demand manufacturing sector, which shows promise as a solid momentum pick [4]. Price Performance - Over the past week, Xometry shares increased by 3.81%, while the Zacks Manufacturing - General Industrial industry saw a decline of 0.19% [6]. - In a longer timeframe, Xometry's shares have risen by 12.27% over the past month, significantly outperforming the industry's 0.75% [6]. - Over the last quarter, shares have surged by 47.59%, and over the past year, they have gained 197.62%, compared to the S&P 500's increases of 8.57% and 18.94%, respectively [7]. Trading Volume - Xometry's average 20-day trading volume is 768,045 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - Recent earnings estimate revisions for Xometry have been positive, with three estimates moving higher for the current fiscal year, raising the consensus estimate from $0.30 to $0.35 [10]. - For the next fiscal year, four estimates have increased, with no downward revisions noted [10]. Conclusion - Considering the positive price trends, strong earnings outlook, and favorable trading volume, Xometry is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a compelling option for investors seeking near-term gains [12].
Despite Fast-paced Momentum, GrowGeneration (GRWG) Is Still a Bargain Stock
ZACKS· 2025-10-02 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 Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum [2] Group 2: Stock Analysis - GrowGeneration (GRWG) - GrowGeneration (GRWG) has shown a four-week price change of 12.7%, indicating strong investor interest [3] - Over the past 12 weeks, GRWG's stock price has increased by 74.5%, demonstrating sustained momentum [4] - GRWG has a beta of 3.08, suggesting it moves 208% higher than the market in either direction [4] - The stock has a Momentum Score of B, indicating a favorable entry point for investors [5] - GRWG holds a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - The stock is currently trading at a Price-to-Sales ratio of 0.65, indicating it is undervalued [6] Group 3: Additional Investment Opportunities - Besides GRWG, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [7] - Investors can explore over 45 Zacks Premium Screens tailored to identify winning stock picks [8]
Western Digital (WDC) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-10-01 17:00
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1][3]. Company Overview: Western Digital (WDC) - Western Digital currently holds a Momentum Style Score of A, indicating strong momentum potential [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]. Price Performance - Over the past week, WDC shares increased by 0.23%, while the Zacks Computer-Storage Devices industry remained flat [6]. - In a longer timeframe, WDC's monthly price change is 46.58%, significantly outperforming the industry's 17.56% [6]. - Over the past quarter, WDC shares have risen by 87.54%, and by 79.84% over the last year, compared to the S&P 500's increases of 8.12% and 17.38%, respectively [7]. Trading Volume - WDC's average 20-day trading volume is 10,136,187 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, two earnings estimates for WDC have been revised upwards, with the consensus estimate increasing from $6.50 to $6.62 [10]. - For the next fiscal year, one estimate has moved upwards, with no downward revisions noted [10]. Conclusion - Considering the strong momentum indicators and positive earnings outlook, WDC is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment option [12].
Are You Looking for a Top Momentum Pick? Why Tesco PLC (TSCDY) is a Great Choice
ZACKS· 2025-10-01 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: Tesco PLC (TSCDY) - Tesco PLC 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 - Over the past week, TSCDY shares increased by 1.07%, outperforming the Zacks Retail - Supermarkets industry, which rose by 0.47% [5] - In the last month, TSCDY's price changed by 5.34%, compared to the industry's 2.1% [5] - Over the past quarter, TSCDY shares rose by 10.75%, and over the last year, they increased by 26.51%, while the S&P 500 only moved 8.12% and 17.38% respectively [6] Trading Volume - TSCDY's average 20-day trading volume is 113,819 shares, which serves as a baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, two earnings estimates for TSCDY have been revised upwards, with the consensus estimate increasing from $1.09 to $1.13 [9] - For the next fiscal year, two estimates have also moved higher, with no downward revisions during the same period [9] Conclusion - Considering the strong momentum indicators and positive earnings outlook, TSCDY is identified as a 2 (Buy) stock with a Momentum Score of A, making it a promising near-term investment option [11]