Company Overview - Seagate (STX) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Price Performance - Over the past week, Seagate shares have increased by 1.29%, outperforming the Zacks Computer - Integrated Systems industry, which rose by 0.8% [6] - In a longer time frame, Seagate's shares have risen by 12.44% over the past month, compared to the industry's 3.35% [6] - Over the last quarter, Seagate shares have surged by 82.12%, and are up 40.92% over the past year, significantly outperforming the S&P 500, which increased by 22.7% and 15.9% respectively [7] Trading Volume - Seagate's average 20-day trading volume is 3,888,163 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, two earnings estimates for Seagate have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $7.95 to $7.96 [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions during the same period [10] Conclusion - Considering the positive price performance, trading volume, and favorable earnings outlook, Seagate is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, capitalizing on established price movements [1] Company Overview: Texas Capital (TCBI) - Texas Capital currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [3] Price Performance - TCBI shares have increased by 3.91% over the past week, outperforming the Zacks Banks - Southwest industry, which rose by 0.28% [5] - Over the past month, TCBI's price change is 15.77%, significantly higher than the industry's 6.76% [5] - In the last quarter, TCBI shares have risen by 30.49%, and over the past year, they have gained 34.09%, while the S&P 500 increased by 22.7% and 15.9%, respectively [6] Trading Volume - The average 20-day trading volume for TCBI is 515,627 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 6 earnings estimates for TCBI have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $5.60 to $5.89 [9] - For the next fiscal year, 7 estimates have moved higher with no downward revisions, indicating positive earnings momentum [9] Conclusion - Given the strong momentum indicators and positive earnings outlook, TCBI is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]

Company Overview - Wolverine World Wide (WWW) currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [2][3] - The company has shown strong performance metrics, with shares up 5.26% over the past week, while the Zacks Shoes and Retail Apparel industry is down 2.19% during the same period [5] - Over the last three months, shares of WWW have increased by 60.86%, and over the last year, they have gained 46.01%, significantly outperforming the S&P 500, which moved 22.7% and 15.9% respectively [6] Trading Volume - The average 20-day trading volume for WWW is 1,244,473 shares, indicating a bullish sign as the stock is rising with above-average volume [7] Earnings Outlook - In the past two months, one earnings estimate for WWW has moved higher, increasing the consensus estimate from $1.05 to $1.07 for the full year [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, WWW is positioned as a promising investment opportunity with a Momentum Score of B [11]

Core Insights - 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] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum, addressing the challenges of defining momentum [2] Company Overview: Metropolitan Bank Holding Corp. (MCB) - MCB 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 high Style Scores [4] Performance Metrics - MCB shares have increased by 6.23% over the past week, while the Zacks Banks - Northeast industry remained flat [6] - Over the past month, MCB's price change is 16.94%, significantly outperforming the industry's 5.79% [6] - In the last quarter, MCB shares rose by 27.96%, and over the past year, they gained 42.54%, compared to the S&P 500's increases of 22.7% and 15.9%, respectively [7] Trading Volume - MCB's average 20-day trading volume is 121,857 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for MCB has increased, raising the consensus estimate from $6.86 to $7.19 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions noted [10] Conclusion - Given the strong performance metrics and positive earnings outlook, MCB is positioned as a strong buy with a Momentum Score of A, making it a compelling investment option [12]

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: SPX Technologies (SPXC) - SPX Technologies currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [2][3] - The stock has shown significant price performance, with a 3.33% increase over the past week and a 10.4% increase over the past month, outperforming the Zacks Technology Services industry, which remained flat and increased by 3.62% respectively [5] - Over the past quarter, SPXC shares have risen by 31.03%, and by 16.11% over the last year, compared to the S&P 500's increases of 22.7% and 15.9% respectively [6] Trading Volume - SPXC's average 20-day trading volume is 265,929 shares, which serves as a baseline for price-to-volume analysis; a rising stock with above-average volume is generally seen as bullish [7] Earnings Outlook - Recent earnings estimate revisions show positive momentum, with one estimate moving higher for the full year, increasing the consensus estimate from $6.32 to $6.33 over the past 60 days [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the positive price trends, trading volume, and earnings outlook, SPX Technologies is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]

Company Overview - Lumentum (LITE) currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy) [3][4][12] - The company specializes in optical networking products and is positioned as a solid momentum pick [4][12] Price Performance - LITE shares have increased by 9.93% over the past week, significantly outperforming the Zacks Communication - Components industry, which rose by only 0.28% [6] - Over the past month, LITE's price change is 16.47%, compared to the industry's 4.05% [6] - In the last quarter, Lumentum shares have surged by 72.84%, and over the past year, they have gained 87.37% [7] Trading Volume - The average 20-day trading volume for LITE is 2,129,984 shares, indicating a bullish trend as the stock is rising with above-average volume [8] Earnings Estimates - In the past two months, 6 earnings estimates for LITE have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $1.92 to $1.98 [10] - For the next fiscal year, 6 estimates have also moved upwards with no downward revisions [10]

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

Company Overview - Mesoblast Limited (MESO) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [3] Price Performance - MESO shares have increased by 40.59% over the past week, while the Zacks Medical - Biomedical and Genetics industry remained flat during the same period [5] - Over the past month, MESO's price change is 44.19%, significantly outperforming the industry's 6.79% [5] - In the last quarter, MESO shares rose by 28.34%, and over the past year, they gained 94.04%, compared to the S&P 500's increases of 22.7% and 15.9%, respectively [6] Trading Volume - The average 20-day trading volume for MESO is 302,528 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 MESO has been revised upward, while none have been revised downward, improving the consensus estimate from -$0.45 to -$0.36 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Conclusion - Considering the strong momentum indicators and positive earnings outlook, MESO is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]

Group 1: Momentum Investing Overview - Momentum investing contrasts with the traditional strategy of "buy low and sell high," focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for trending stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Investment Strategy - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [2] - Wolverine World Wide (WWW) has been highlighted as a strong candidate, showing a price increase of 20.4% over the past four weeks [3] Group 3: Performance Metrics - WWW has demonstrated significant long-term momentum, with a price increase of 60.9% over the past 12 weeks and a beta of 1.7, indicating it moves 70% more than the market [4] - The stock has a Momentum Score of B, suggesting it is an opportune time to invest [5] Group 4: Earnings and Valuation - An upward trend in earnings estimate revisions has contributed to WWW's Zacks Rank 2 (Buy), indicating strong investor interest as analysts raise earnings estimates [6] - Despite its momentum, WWW is trading at a reasonable valuation with a Price-to-Sales ratio of 0.95, meaning investors pay 95 cents for each dollar of sales [6] Group 5: Additional Opportunities - Besides WWW, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [7] - The Zacks Premium Screens offer over 45 strategies tailored to help investors find winning stock picks [8]

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: Cracker Barrel Old Country Store (CBRL) - CBRL currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a history of outperforming the market [4] Performance Metrics - Over the past week, CBRL shares increased by 0.6%, while the Zacks Retail - Restaurants industry declined by 1.87% [6] - In the last month, CBRL's price change was 11.2%, significantly outperforming the industry's 1.87% [6] - CBRL shares have risen by 51.8% over the past quarter and 48.98% over the last year, compared to the S&P 500's gains of 19.65% and 14.95%, respectively [7] Trading Volume - CBRL's average 20-day trading volume is 962,624 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, four earnings estimates for CBRL have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $2.82 to $3.20 [10] - For the next fiscal year, four estimates have also moved higher without any downward revisions [10] Conclusion - Given the strong performance metrics and positive earnings outlook, CBRL is positioned as a promising investment opportunity with a Momentum Score of A [12]