Versus Systems Inc. (VS) is a Great Momentum Stock: Should You Buy?

Core 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 Summary: Versus Systems Inc. (VS) - Versus Systems Inc. currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [2][3] - Over the past week, VS shares have increased by 36.3%, significantly outperforming the Zacks Internet - Software industry, which rose by 2.3% [5] - In a longer time frame, VS shares have gained 17.45% over the past quarter and 31.43% over the last year, while the S&P 500 has only moved 2.54% and 25.42%, respectively [6] - The average 20-day trading volume for VS is 3,480,361 shares, which is considered a bullish sign when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for VS has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from -$2.17 to -$1.65 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period, indicating positive sentiment [9] Conclusion - Considering the positive momentum indicators and earnings outlook, VS is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]