Southern Copper (SCCO) is a Top-Ranked Momentum Stock: Should You Buy?

Company Overview - Southern Copper Corporation (SCCO) is engaged in mining, exploring, smelting, and refining copper and other minerals, with exploration activities in Argentina, Chile, Ecuador, Mexico, and Peru [12]. Zacks Rank and Style Scores - SCCO currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a moderate investment potential [12]. - The company has a Momentum Style Score of A, with shares increasing by 7% over the past four weeks, suggesting strong short-term performance [12][13]. Earnings Estimates - Two analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.08 to$4.63 per share [13]. - SCCO has an average earnings surprise of 7.9%, indicating a history of exceeding earnings expectations [13].