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Why Viav Solutions (VIAV) is a Top Momentum Stock for the Long-Term
VIAVViavi Solutions(VIAV) ZACKS·2024-12-27 15:51

Company Overview - Viavi Solutions Inc. is a leading provider of network test, monitoring, and service enablement solutions across diverse sectors globally, offering end-to-end network visibility and analytics [8] - The company also provides high-performance thin film optical coatings for various markets, including anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation [8] Earnings Estimates - Three analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by 0.02to0.02 to 0.38 per share [9] - Viavi Solutions has an average earnings surprise of 9.4%, indicating a positive trend in earnings performance [9] Investment Ratings - Viavi Solutions currently holds a Zacks Rank of 3 (Hold) and has a Momentum Style Score of B, with shares increasing by 4.8% over the past four weeks [20] - The company also has a VGM Score of B, suggesting a solid overall performance in value, growth, and momentum [20][21] Investment Strategy - For optimal investment success, it is recommended to consider stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, which increases the probability of achieving significant returns [17] - Stocks with a 3 (Hold) rank should also have Style Scores of A or B to maximize upside potential [17]