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RELX PLC (RELX) is a Great Momentum Stock: Should You Buy?
ZACKSยท 2025-05-06 17:05
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 RELX PLC currently holding a Momentum Style Score of B [2][3] Group 2: Performance Metrics of RELX PLC - RELX shares have increased by 2.75% over the past week, while the Zacks Internet - Content industry remained flat [5] - Over the past month, RELX's price change is 20.89%, significantly outperforming the industry's 4.32% [5] - In the last quarter, RELX shares rose by 8.86%, and over the past year, they increased by 29.78%, compared to the S&P 500's -6.46% and 11.69% respectively [6] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for RELX is 885,739 shares, indicating a bullish sign with rising stock prices [7] - In terms of earnings estimates, one estimate for the current fiscal year has increased from $1.68 to $1.70 over the past 60 days, with no downward revisions [9] - For the next fiscal year, one estimate has also moved upwards, reflecting positive trends in earnings outlook [9] Group 4: Conclusion on Investment Potential - Given the positive performance metrics and earnings outlook, RELX is rated as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]