Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio

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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Is This 1 Momentum Stock a Screaming Buy Right Now?

Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

Synovus Financial (SNV)

Founded in 1888, Columbus, GA-based Synovus Financial Corp. is a diverse financial services company that conducts its banking operations through Synovus Bank. It provides integrated financial services, including commercial and consumer banking, investment, and mortgage services, to its customers through locally branded divisions of its wholly-owned subsidiary, Synovus Bank, which has 246 branches in Alabama, Florida, Georgia, South Carolina, and Tennessee.

SNV boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating. Shares of Synovus Financial has seen some interesting price action recently; the stock is up 1.8% over the past one week and up 10% over the past four weeks. And in the last one-year period, SNV has gained 17.6%. As for the stock's trading volume, 1,621,841.63 shares on average were traded over the last 20 days.

Momentum investors also pay close attention to a company's earnings. For SNV, eight analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.23 to $5.06 per share for 2025. SNV boasts an average earnings surprise of 14.6%.

SNV should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.

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Synovus Financial Corp. (SNV) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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