Here's Why Interactive Brokers Group, Inc. (IBKR) is a Great Momentum Stock to Buy

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] Group 1: Company Overview - Interactive Brokers Group, Inc. (IBKR) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a historical outperformance in the market [3] Group 2: Performance Metrics - IBKR shares have increased by 6.3% over the past week, significantly outperforming the Zacks Financial - Investment Bank industry, which rose by 0.46% [5] - Over the last quarter, IBKR shares have risen by 22.54%, and they have surged by 127.81% in the past year, while the S&P 500 has only moved 1.43% and 21.95%, respectively [6] Group 3: Trading Volume - The average 20-day trading volume for IBKR is 1,925,303 shares, which serves as a bullish indicator when combined with rising stock prices [7] Group 4: Earnings Outlook - In the past two months, four earnings estimates for IBKR have been revised upwards, increasing the consensus estimate from $7.05 to$7.45 [9] - For the next fiscal year, three estimates have also moved higher, with no downward revisions during the same period [9] Group 5: Conclusion - Given the strong performance metrics and positive earnings outlook, IBKR is positioned as a promising investment opportunity with a Momentum Score of A [11]