Range Resources(RRC) ZACKS·2025-01-16 18:00Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Range Resources (RRC) - Range Resources currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy) [3][4] - The stock has shown strong performance, with a 6.29% increase over the past week, compared to the Zacks Oil and Gas - Exploration and Production - United States industry, which increased by 1.68% [6] - Over the past month, RRC shares have risen by 22.51%, outperforming the industry's 14.56% [6] - In the last quarter, RRC shares increased by 30.31%, and over the past year, they gained 36.71%, while the S&P 500 only moved 2.62% and 25.96%, respectively [7] Trading Volume - RRC's average 20-day trading volume is 2,284,858 shares, indicating a bullish sign when combined with rising stock prices [8] Earnings Outlook - In the past two months, 6 earnings estimates for RRC have been revised upwards, while 2 have been revised downwards, raising the consensus estimate from 2.06 [10] - For the next fiscal year, 5 estimates have moved upwards, while 3 have been revised downwards [10] Conclusion - Given the positive momentum indicators and earnings outlook, RRC is positioned as a strong buy candidate for investors seeking short-term opportunities [12]