Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] Company Overview: Millicom International Cellular SA (TIGO) - TIGO currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook based on historical performance metrics [4] Performance Metrics - TIGO shares have increased by 6% over the past week, outperforming the Zacks Wireless Non-US industry, which rose by 1.36% [6] - Over the past month, TIGO's price change is 12.68%, significantly higher than the industry's 2.3% [6] - In the last quarter, TIGO shares rose by 12.42%, and over the past year, they have surged by 105.25%, compared to the S&P 500's increases of 3.89% and 13.58%, respectively [7] Trading Volume - TIGO's average 20-day trading volume is 899,439 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for TIGO has increased, while none have decreased, raising the consensus estimate from $2.68 to $7.35 [10] - For the next fiscal year, two estimates have moved upwards with no downward revisions, indicating positive earnings momentum [10] Conclusion - Given the strong performance metrics and positive earnings outlook, TIGO is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment opportunity [12]

Company Overview - Orange (ORANY) currently has a Momentum Style Score of B, indicating a positive momentum characteristic [2] - The company holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [3] Performance Metrics - Over the past week, ORANY shares increased by 1.79%, while the Zacks Wireless Non-US industry declined by 1.07% [5] - In a longer time frame, ORANY's shares rose by 15.81% over the past quarter and 44.66% over the last year, outperforming the S&P 500's gains of 11.8% and 22.87%, respectively [6] Trading Volume - The average 20-day trading volume for ORANY is 232,116 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for ORANY has increased, raising the consensus estimate from $0.83 to $0.88 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the positive performance metrics and earnings outlook, ORANY is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]