Goldman Sachs(GS) ZACKS·2025-01-21 18:00Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Goldman Sachs (GS) currently holding a Momentum Style Score of A [2] Group 2: Goldman Sachs Performance Metrics - Goldman Sachs has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance in the market [3] - Over the past week, GS shares increased by 11.78%, outperforming the Zacks Financial - Investment Bank industry, which rose by 7.51% [5] - In a longer timeframe, GS shares rose by 19.55% over the past quarter and 62.18% over the last year, while the S&P 500 only increased by 2.54% and 25.42%, respectively [6] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for GS is 1,696,423 shares, which serves as a bullish indicator when combined with rising stock prices [7] - In the past two months, 8 earnings estimates for GS have been revised upwards, increasing the consensus estimate from 46.38 [9] - For the next fiscal year, 4 estimates have moved upwards while 1 has been revised downwards, indicating positive earnings outlook [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, Goldman Sachs is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a compelling investment option [11]