Limbach(LMB) ZACKS·2024-11-15 18:05Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1][2]. Company Overview: Limbach (LMB) - Limbach currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3][4]. - The stock has shown significant price increases, with a 26.98% rise over the past week, compared to a 17.86% increase in the Zacks Building Products - Maintenance Service industry [6]. - Over the past quarter, Limbach shares have increased by 42.67%, and over the last year, they have gained 125.58%, significantly outperforming the S&P 500, which rose 9.45% and 33.9% respectively [7]. Trading Volume and Market Interest - Limbach's average 20-day trading volume is 133,227 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, one earnings estimate for Limbach has increased, raising the consensus estimate from 2.58 for the full year, with no downward revisions noted [10]. - For the next fiscal year, one estimate has also moved upwards, indicating positive sentiment regarding future earnings [10].