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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Is This 1 Momentum Stock a Screaming Buy Right Now?
For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
ABM Industries (ABM)
New York based ABM Industries is a provider of integrated facility solutions in the United States and internationally.
ABM boasts a Momentum Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of ABM Industries has seen some interesting price action recently; the stock is up 6.8% over the past one week and up 2.4% over the past four weeks. And in the last one-year period, ABM has gained 9.6%. As for the stock's trading volume, 724,123.38 shares on average were traded over the last 20 days.
A company's earnings performance is important for momentum investors as well. For fiscal 2025, four analysts revised their earnings estimate higher in the last 60 days for ABM, while the Zacks Consensus Estimate has increased $0.05 to $3.76 per share. ABM also boasts an average earnings surprise of 9.6%.
Investors should take the time to consider ABM for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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ABM Industries Incorporated (ABM) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).