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: Watts Water (WTS) - Watts Water 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, WTS shares increased by 0.4%, while the Zacks Instruments - Control industry declined by 1.26% [6]. - In a longer timeframe, WTS shares rose by 5.41% over the past month, outperforming the industry's 3.28% [6]. - Over the last quarter, WTS shares increased by 15.63%, and over the past year, they gained 38.23%, compared to the S&P 500's increases of 11.2% and 19.34%, respectively [7]. Trading Volume - The average 20-day trading volume for WTS is 155,343 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 WTS have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $9.47 to $9.86 [10]. - For the next fiscal year, four estimates have also moved upwards without any downward revisions [10]. Conclusion - Considering the strong performance metrics and positive earnings outlook, WTS is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment option [12].