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Are You Looking for a Top Momentum Pick? Why Valmont Industries (VMI) is a Great Choice
ZACKS· 2025-08-14 17:01
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 define momentum characteristics, with Valmont Industries (VMI) currently holding a Momentum Style Score of B [2][3] Group 2: Valmont Industries Performance - Valmont Industries has shown a 2.7% increase in shares over the past week, while the Zacks Steel - Pipe and Tube industry increased by 2.92% [5] - Over the past quarter, VMI shares increased by 21.49%, and over the last year, they gained 34.94%, outperforming the S&P 500's increases of 10.18% and 20.38% respectively [6] - The average 20-day trading volume for VMI is 177,740 shares, indicating a bullish sign if the stock is rising with above-average volume [7] Group 3: Earnings Outlook - In the past two months, four earnings estimates for VMI have moved higher, with no downward revisions, raising the consensus estimate from $18.12 to $18.63 [9] - For the next fiscal year, four estimates have also moved upwards without any downward revisions [9] Group 4: Conclusion - Valmont Industries is rated as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]
Recent Price Trend in SPX Technologies (SPXC) is Your Friend, Here's Why
ZACKS· 2025-08-11 13:51
Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the use of a specific screening strategy to find stocks with strong fundamentals and positive price momentum [1][2][3]. Group 1: Stock Performance - SPX Technologies (SPXC) has shown a solid price increase of 29.2% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 17.1% in the last four weeks, suggesting that the upward trend is still intact [5]. - SPXC is currently trading at 91.7% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Group 2: Fundamental Strength - SPXC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like SPXC that have the fundamental strength to sustain their recent price trends [3]. - The article suggests that there are multiple stocks passing through this screening process, providing additional investment opportunities for trend-focused investors [8].
SPX Technologies (SPXC) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2025-07-25 13:51
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of a stock trend for profitable short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their recent uptrend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - SPX Technologies (SPXC) is highlighted as a candidate that passed the screening, showing a solid price increase of 28.4% over the past 12 weeks, reflecting investor confidence [4]. - SPXC has also maintained a price increase of 5.4% over the last four weeks, indicating that the upward trend is still intact [5]. Group 2: Fundamental Strength - SPXC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Zacks Rank system has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988, indicating the effectiveness of this ranking system [7]. - SPXC also has an Average Broker Recommendation of 1 (Strong Buy), suggesting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Additional Insights - The article suggests that SPXC's price trend is unlikely to reverse soon, and encourages investors to explore other stocks that meet the criteria of the "Recent Price Strength" screen [8]. - The Zacks Premium Screens offer over 45 strategically created options to help investors find winning stock picks based on their personal investing styles [8].
Here's Why Momentum in SPX Technologies (SPXC) Should Keep going
ZACKS· 2025-07-09 13:51
Core Viewpoint - The sustainability of a stock trend is crucial for successful short-term investing, and ensuring this sustainability requires careful analysis of various factors [1][2]. Group 1: Stock Performance - SPX Technologies (SPXC) has shown a solid price increase of 30.2% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also maintained a price increase of 4.5% over the last four weeks, suggesting that the upward trend is still intact [5]. - SPXC is currently trading at 80.7% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Group 2: Fundamental Strength - SPXC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like SPXC that have the fundamental strength to maintain their upward momentum [3]. - There are additional stocks that meet the criteria of the "Recent Price Strength" screen, providing further investment opportunities [8].
All You Need to Know About SPX Technologies (SPXC) Rating Upgrade to Buy
ZACKS· 2025-05-06 17:05
Core Viewpoint - SPX Technologies (SPXC) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to significant price movements when estimates are revised [4]. Company Performance and Outlook - The upgrade for SPX Technologies reflects an improvement in the company's underlying business, which is expected to drive the stock price higher as investors recognize this trend [5][10]. - For the fiscal year ending December 2025, SPX Technologies is projected to earn $6.37 per share, representing a 14.2% increase from the previous year, with a 4% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [9][10]. - The Zacks Rank 2 for SPX Technologies places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].