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nLight (LASR) Is Up 2.67% in One Week: What You Should Know
ZACKSยท 2025-09-02 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Summary: nLight (LASR) - nLight currently has a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company holds a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] - Over the past week, LASR shares increased by 2.67%, significantly outperforming the Zacks Electronics - Semiconductors industry, which rose by only 0.1% [5] - In a longer timeframe, LASR's shares have surged by 63.36% over the past quarter and 141.21% over the last year, compared to the S&P 500's gains of 9.8% and 15.8%, respectively [6] - The average 20-day trading volume for LASR is 1,024,738 shares, indicating a bullish trend as the stock is rising with above-average volume [7] Earnings Outlook - In the past two months, three earnings estimates for LASR have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from -$0.28 to $0.04 [9] - For the next fiscal year, three estimates have also moved upwards with no downward revisions, indicating a positive earnings outlook [9] Conclusion - Given the positive momentum indicators and earnings outlook, LASR is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for investors seeking short-term gains [11]