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Why Box (BOX) is a Top Momentum Stock for the Long-Term
BOXBox(BOX) ZACKS·2024-07-17 14:50

Group 1 - The Zacks Premium service offers tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] - Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum, helping investors identify stocks likely to outperform the market in the short term [2][3][4] Group 2 - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales, appealing to value investors [2] - The Growth Score assesses a company's financial health and future outlook, targeting stocks with sustainable long-term growth [3] - The Momentum Score capitalizes on price trends, using factors like recent price changes to identify high-momentum stocks [3] Group 3 - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investing strategies [4] - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify stock selection, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988 [5][6] Group 4 - Box, Inc. is a cloud content management platform provider, currently rated 3 (Hold) on the Zacks Rank with a VGM Score of A [7] - Box has a Momentum Style Score of B, with shares increasing by 4.7% over the past four weeks, and has seen positive earnings estimate revisions for fiscal 2025 [7][8]