Are You Looking for a Top Momentum Pick? Why CrowdStrike Holdings (CRWD) is a Great Choice

Core Insights - 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] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum, addressing the challenges of defining momentum [2] Company Overview: CrowdStrike Holdings (CRWD) - CrowdStrike Holdings currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - The stock has shown significant price appreciation, with a 6.17% increase over the past week, compared to a 0.43% rise in the Zacks Internet - Software industry [6] - Over the last quarter, CRWD shares have increased by 20.62%, and by 31.13% over the past year, outperforming the S&P 500's gains of 6.22% and 26.2%, respectively [7] Trading Volume and Market Activity - CRWD's average 20-day trading volume is 3,008,741 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimate revisions for CRWD have been positive, with one estimate moving higher for the full year, increasing the consensus estimate from $3.73 to$3.74 [10] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions noted [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, CRWD is positioned as a solid momentum pick for investors seeking short-term gains [12]