Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Amer Sports, Inc. (AS) currently holding a Momentum Style Score of B [2] Group 2: Performance Metrics - Amer Sports, Inc. shares have increased by 4.55% over the past week, while the Zacks Leisure and Recreation Products industry has decreased by 0.41% during the same period [5] - Over the past quarter, AS shares have risen by 61.62%, and over the last year, they have increased by 111.56%, significantly outperforming the S&P 500, which moved 5.14% and 24.19% respectively [6] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for AS is 2,268,454 shares, indicating a bullish sign if the stock is rising with above-average volume [7] - In the past two months, 3 earnings estimates for AS have increased while 1 has decreased, raising the consensus estimate from 0.46 [9] Group 4: Conclusion - Given the positive performance metrics and earnings outlook, Amer Sports, Inc. is rated as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]
Are You Looking for a Top Momentum Pick? Why Amer Sports, Inc. (AS) is a Great Choice