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?
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.
Westinghouse Air Brake Technologies (WAB)
Westinghouse Air Brake Technologies Corporation is a provider of locomotives, value-added, technology-based equipment, systems and services to the freight rail and passenger transit industries across the globe.
WAB sits at a Zacks Rank #3 (Hold), holds a Momentum Style Score of A, and has a VGM Score of B. The stock is down 1.5% and up 4.2% over the past one-week and four-week period, respectively, and Westinghouse Air Brake Technologies has gained 29.3% in the last one-year period as well. Additionally, an average of 1,237,264.75 shares were traded over the last 20 trading sessions.
Momentum investors also pay close attention to a company's earnings. For WAB, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.08 to $6.66 per share for 2024. WAB boasts an average earnings surprise of 6.6%.
With strong earnings growth, a good Zacks Rank, and top-tier Momentum and VGM Style Scores, investors should think about adding WAB to their portfolios.
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Westinghouse Air Brake Technologies Corporation (WAB) : Free Stock Analysis Report