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5 Momentum Stocks to Buy for May After a Mixed April
ZACKS· 2025-05-05 13:25
Market Overview - U.S. stock markets experienced severe volatility in April, with the S&P 500 and Dow falling by 3.2% and 0.8%, respectively, while the Nasdaq Composite gained 0.9% [1] - The volatility was attributed to President Trump's tariffs and trade-related policies, with economists warning of a near-term recession as U.S. GDP contracted for the first time in three years in Q1 2025 [2] Economic Indicators - Better-than-expected nonfarm payrolls data for April and optimism regarding U.S. government trade negotiations are expected to boost confidence in equities [3] Investment Opportunities - Recommended stocks for investment in May include Sprouts Farmers Market Inc. (SFM), Philip Morris International Inc. (PM), Sony Group Corp. (SONY), Agnico Eagle Mines Ltd. (AEM), and NatWest Group plc (NWG), all of which have shown double-digit returns in the past month and hold a Zacks Rank 1 (Strong Buy) [4][5] Company Analysis Sprouts Farmers Market Inc. (SFM) - Focus on product innovation, e-commerce, and private label offerings has led to better-than-expected Q4 2024 results, with both revenue and earnings growing year over year [9] - SFM expects net sales to rise between 10.5% and 12.5% in 2025, with comparable store sales anticipated to increase by 4.5-6.5% [10] - Expected revenue and earnings growth rates for the current year are 13.4% and 30.7%, respectively, with a 5.2% improvement in earnings estimates over the last week [11] Philip Morris International Inc. (PM) - Strong pricing power and an expanding smoke-free product portfolio are driving growth, with PM aiming to become substantially smoke-free by 2030 [13] - Anticipates positive volume growth for the fifth consecutive year, with an expected increase of 2%, and smoke-free products projected to grow by 12-14% [14] - Expected revenue and earnings growth rates for the current year are 8.1% and 13.7%, respectively, with a 4.6% improvement in earnings estimates over the last 30 days [15] Sony Group Corp. (SONY) - Growth is supported by strong performance in Game & Network Services, Music, and Financial Services, despite challenges in the Entertainment, Technology & Services unit [16] - Fiscal 2024 sales view raised to ¥13,200 billion from ¥12,710 billion, driven by momentum in Financial Services and G&NS units [17] - Expected revenue and earnings growth rates for the current year are 0.7% and 14.4%, respectively, with a 0.7% improvement in earnings estimates over the last week [18] Agnico Eagle Mines Ltd. (AEM) - Focus on production growth through project execution and strategic acquisitions, including the merger with Kirkland Lake Gold [19][20] - Expected revenue and earnings growth rates for the current year are 20.6% and 44.4%, respectively, with a 6.1% improvement in earnings estimates over the last week [20] NatWest Group plc (NWG) - Provides a range of banking and financial services across various segments, including Retail Banking and Private Banking [21][22] - Expected revenue and earnings growth rates for the current year are 10.8% and 12.8%, respectively, with a 2.7% improvement in earnings estimates over the last week [22]
Are You Looking for a Top Momentum Pick? Why Sony (SONY) is a Great Choice
ZACKS· 2025-05-02 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: Sony (SONY) - Sony currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [2][3] - Over the past week, Sony shares increased by 4%, outperforming the Zacks Audio Video Production industry, which rose by 2.27% [5] - In a longer timeframe, Sony's shares have risen by 8.13% over the past month, compared to the industry's 5.39% [5] - Over the last quarter, Sony shares increased by 9.87%, and over the past year, they have surged by 50.33%, while the S&P 500 saw declines of -6.91% and gains of 13.12%, respectively [6] Trading Volume - Sony's average 20-day trading volume is 5,377,244 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for Sony have been revised upward, with no downward revisions, leading to an increase in the consensus estimate from $1.20 to $1.26 [9] - For the next fiscal year, four estimates have also moved upwards without any downward revisions [9] Conclusion - Considering the positive price trends, strong earnings outlook, and favorable momentum indicators, Sony is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling investment option [11]
Best Momentum Stock to Buy for May 2nd
ZACKS· 2025-05-02 10:20
Group 1: Sprouts Farmers Market (SFM) - Sprouts Farmers Market operates in a highly fragmented grocery store industry with a unique model focusing on fresh produce, foods section, and a vitamin department for overall wellness [1] - The company has a Zacks Rank of 1 (Strong Buy) and the Zacks Consensus Estimate for its current year earnings has increased by 2.6% over the last 60 days [1] - Shares of Sprouts Farmers Market gained 7.4% over the last three months compared to the S&P 500's decline of 6.6%, and it possesses a Momentum Score of A [2] Group 2: Agnico Eagle Mines (AEM) - Agnico Eagle Mines is a gold producer with mining operations in Canada, Mexico, and Finland, and exploration activities in Canada, Europe, Latin America, and the United States [2] - The company has a Zacks Rank of 1 and the Zacks Consensus Estimate for its current year earnings has increased by 26.2% over the last 60 days [2] - Shares of Agnico Eagle Mines gained 19.1% over the last three months compared to the S&P 500's decline of 6.6%, and it possesses a Momentum Score of A [3] Group 3: Banco Santander Chile (BSAC) - Banco Santander Chile is the largest bank in Chile and has a Zacks Rank of 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3.9% over the last 60 days [3] - Shares of Banco Santander Chile gained 18.9% over the last three months compared to the S&P 500's decline of 6.6%, and it possesses a Momentum Score of A [4]
Here's Why Momentum in CHOW TAI FOOK (CJEWY) Should Keep going
ZACKS· 2025-05-01 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...
Intrepid Potash (IPI) Is Up 14.34% in One Week: What You Should Know
ZACKS· 2025-04-30 17:00
Company Overview - Intrepid Potash (IPI) currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [2][11] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3][11] Price Performance - IPI shares have increased by 14.34% over the past week, outperforming the Zacks Fertilizers industry, which rose by 5.63% during the same period [5] - Over the past month, IPI's price change is 13.58%, compared to the industry's 8.07% [5] - In the last quarter, IPI shares have gained 25.15%, and over the past year, they have increased by 66.7%, while the S&P 500 has moved -7.64% and 10.16%, respectively [6] Trading Volume - The average 20-day trading volume for IPI is 194,374 shares, which serves as a baseline for price-to-volume analysis [7] Earnings Estimates - In the past two months, one earnings estimate for IPI has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from -$0.45 to -$0.16 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Conclusion - Considering the positive price trends and earnings outlook, IPI is positioned as a promising momentum pick, making it a stock to watch for potential near-term gains [11]
Best Momentum Stock to Buy for April 30th
ZACKS· 2025-04-30 15:00
Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: Spotify Technology, Sony, and Civista Bancshares [1][2][3] Company Summaries - **Spotify Technology (SPOT)**: - Zacks Rank: 1 (Strong Buy) - Earnings estimate increased by 5.3% over the last 60 days - Share price increased by 4.8% over the last three months, while the S&P 500 declined by 8.4% - Momentum Score: A [1] - **Sony (SONY)**: - Zacks Rank: 1 (Strong Buy) - Earnings estimate increased by 4.2% over the last 60 days - Share price increased by 15.4% over the last three months, while the S&P 500 declined by 8.4% - Momentum Score: A [2] - **Civista Bancshares (CIVB)**: - Zacks Rank: 1 (Strong Buy) - Earnings estimate increased by 14.9% over the last 60 days - Share price increased by 7% over the last three months, while the S&P 500 declined by 8.4% - Momentum Score: B [3]
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Spirit Aerosystems (SPR)
ZACKS· 2025-04-30 13:50
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: Spirit Aerosystems (SPR) Analysis - Spirit Aerosystems (SPR) has shown a four-week price change of 5.1%, indicating growing investor interest [3] - Over the past 12 weeks, SPR's stock gained 4.7%, with a beta of 1.41, suggesting it moves 41% more than the market [4] - SPR has a Momentum Score of B, indicating a favorable time to invest [5] Group 3: Earnings Estimates and Valuation - SPR has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - The stock is trading at a Price-to-Sales ratio of 0.67, suggesting it is undervalued at 67 cents for each dollar of sales [6] Group 4: Additional Investment Opportunities - Besides SPR, 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 different investing styles [8]
B2Gold (BTG) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-04-28 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the '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 moment ...
Here's Why Pediatrix Medical Group (MD) is a Strong Value Stock
ZACKS· 2025-04-28 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What ...
Chesapeake Utilities (CPK) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-04-25 17:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following 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 in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...