Here's Why FTI Consulting (FCN) is a Strong Momentum Stock

Company Overview - FTI Consulting (FCN) is a global business advisory firm founded in 1982, based in Baltimore, Maryland, providing specialized consulting services across 57 countries with over 7,990 employees [19] - The company serves a significant portion of Fortune 500 companies, FTSE 100 companies, and major financial institutions and law firms, focusing on areas such as Corporate Finance, Forensic Consulting, Strategic Communications, Technology, and Economic Consulting [19] Investment Ratings - FCN holds a Zacks Rank of 3 (Hold) with a VGM Score of A, indicating a solid position in the market [11] - The Zacks Consensus Estimate for FCN's fiscal 2024 earnings has increased by $0.26 to$8.48 per share, with two analysts revising their earnings estimates upwards in the last 60 days [12] Performance Metrics - FCN has demonstrated an average earnings surprise of 29.6%, showcasing its ability to exceed earnings expectations [12] - The stock has a Momentum Style Score of A, with shares increasing by 5.8% over the past four weeks, indicating strong upward momentum [20] Investment Strategy - The Zacks Rank and Style Scores are designed to help investors identify stocks with the best chances of outperforming the market, with a focus on stocks rated 1 or 2 and Style Scores of A or B for optimal investment potential [8][18]