Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps identify stocks with strong momentum characteristics, with Reckitt Benckiser Group PLC (RBGLY) currently holding a Momentum Style Score of A [2][3] Group 2: Performance Metrics - RBGLY shares have increased by 0.88% over the past week, matching the performance of the Zacks Soap and Cleaning Materials industry [5] - Over the past quarter, RBGLY shares have risen by 11.71%, and by 17.5% over the last year, significantly outperforming the S&P 500, which has moved -4.38% and 9.82% respectively [6] Group 3: Trading Volume and Earnings Outlook - The average 20-day trading volume for RBGLY is 391,230 shares, indicating a bullish sign when combined with rising stock prices [7] - In the past two months, three earnings estimates for RBGLY have increased, raising the consensus estimate from 0.90, with no downward revisions [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, RBGLY is rated as a 2 (Buy) stock with a Momentum Score of A, making it a promising investment option [11]
Are You Looking for a Top Momentum Pick? Why Reckitt Benckiser Group PLC (RBGLY) is a Great Choice