CNO Financial (CNO) Is Up 4.78% in One Week: What You Should Know

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: CNO Financial - CNO Financial has a Momentum Style Score of B, indicating strong potential for momentum investing [2] - The company currently holds a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [3] Performance Metrics - CNO's shares have increased by 4.78% over the past week, outperforming the Zacks Insurance - Multi line industry, which rose by 3.17% [5] - Over the past quarter, CNO's shares have risen by 8.22%, and they have gained 56.2% over the last year, while the S&P 500 has seen movements of -2.97% and 15.34%, respectively [6] - The average 20-day trading volume for CNO is 637,914 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the last two months, two earnings estimates for CNO have been revised upwards, with the consensus estimate increasing from $3.76 to$3.83 [9] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [9] Conclusion - Given the positive performance metrics and earnings outlook, CNO Financial is positioned as a strong momentum pick with a 2 (Buy) rating and a Momentum Score of B [11]