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 Overview: Morgan Stanley (MS) - Morgan Stanley currently holds a Momentum Style Score of B, indicating a favorable momentum characteristic [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, Morgan Stanley's shares increased by 1.12%, outperforming the Zacks Financial - Investment Bank industry, which rose by 0.46% [5] - In the last month, Morgan Stanley's stock price changed by 13.39%, compared to the industry's 9.68% [5] - Over the past quarter, shares rose by 4.42%, and over the last year, they increased by 62.98%, while the S&P 500 only moved 1.24% and 22.19%, respectively [6] Trading Volume - The average 20-day trading volume for Morgan Stanley is 6,983,656 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 8 earnings estimates for Morgan Stanley have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from 8.56 [9] - For the next fiscal year, 5 estimates have also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the positive momentum indicators and earnings outlook, Morgan Stanley is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]
Morgan Stanley (MS) Is Up 1.12% in One Week: What You Should Know