Company Overview - Oddity Tech (ODD) currently holds a Momentum Style Score of B, indicating a positive outlook based on its recent performance metrics [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, ODD shares have increased by 42.96%, significantly outperforming the Zacks Internet - Software industry, which rose by only 1.43% [5] - In a longer timeframe, ODD's monthly price change is 64.35%, compared to the industry's 12.31% [5] - Over the last quarter, ODD shares have risen by 52.18%, and they are up 98.48% over the past year, while the S&P 500 has moved -6.46% and 11.69%, respectively [6] Trading Volume - ODD's average 20-day trading volume is 937,051 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [7] Earnings Outlook - In the past two months, three earnings estimates for ODD have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from 2.02 [9] - For the next fiscal year, three estimates have also moved upwards, indicating a positive earnings outlook [9] Conclusion - Given the strong performance metrics and positive earnings revisions, ODD is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling option for investors seeking growth [11]
What Makes Oddity Tech (ODD) a Strong Momentum Stock: Buy Now?