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Here's Why Consolidated Water (CWCO) is a Great Momentum Stock to Buy
ZACKS· 2025-10-14 17:01
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] Company Overview: Consolidated Water (CWCO) - CWCO currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance [3] Performance Metrics - Over the past week, CWCO shares increased by 0.45%, while the Zacks Utility - Water Supply industry rose by 3.33% [5] - In the last quarter, CWCO shares rose by 15.45%, and over the past year, they increased by 32.21%, significantly outperforming the S&P 500, which rose by 6.67% and 15.74% respectively [6] - The average 20-day trading volume for CWCO is 103,793 shares, indicating a bullish sign if the stock continues to rise on above-average volume [7] Earnings Outlook - In the past two months, one earnings estimate for CWCO has increased, raising the consensus estimate from $1.05 to $1.13 for the full year [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions noted [9] Conclusion - Given the strong performance metrics and positive earnings outlook, CWCO is identified as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]
Consolidated Water (CWCO) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2025-08-14 13:50
Group 1 - The article emphasizes the importance of identifying sustainable trends in short-term investing to maximize profits [1][2] - A unique short-term trading strategy called "Recent Price Strength" helps investors shortlist stocks with strong fundamentals that can maintain upward momentum [3] - Consolidated Water (CWCO) is highlighted as a strong candidate for trend investors, having increased by 24.1% over the past 12 weeks [4] Group 2 - CWCO has also shown a 12% price increase over the last four weeks, indicating that the upward trend is still intact [5] - The stock is currently trading at 89.8% of its 52-week high-low range, suggesting a potential breakout [6] - CWCO 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][7] Group 3 - The brokerage community is optimistic about CWCO, reflected in its Average Broker Recommendation of 1 (Strong Buy) [7] - The article suggests that the price trend for CWCO is likely to remain positive in the near term [8] - Investors are encouraged to explore other stocks that meet the criteria of the "Recent Price Strength" screen for potential investment opportunities [8]