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 investors identify which metrics are effective for assessing momentum in stocks [2] Group 2: Watts Water (WTS) Analysis - Watts Water currently has a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [3][4] - Over the past week, WTS shares increased by 3.8%, outperforming the Zacks Instruments - Control industry, which rose by 3.51% [6] - In the last quarter, WTS shares rose by 31.02%, and over the past year, they increased by 39%, compared to the S&P 500's gains of 19.67% and 12.87% respectively [7] Group 3: Trading Volume and Earnings Outlook - WTS has an average 20-day trading volume of 159,698 shares, indicating a bullish sign when combined with rising stock prices [8] - In the past two months, one earnings estimate for WTS increased, raising the consensus estimate from $9.28 to $9.42 [10] - The positive earnings outlook contributes to WTS's strong performance and momentum score [9][12]