Here's Why Novavax (NVAX) is a Strong Momentum Stock

Group 1 - Zacks Premium offers various tools for investors, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to enhance investment confidence [1][2] - The Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, helping investors identify securities with high potential for market outperformance over the next 30 days [2][3] Group 2 - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales, appealing to value investors [3] - The Growth Score assesses a company's financial health and future outlook by analyzing projected and historical earnings, sales, and cash flow, targeting growth investors [4] - The Momentum Score helps investors capitalize on price trends by evaluating short-term price changes and earnings estimate revisions [5] Group 3 - The VGM Score combines Value, Growth, and Momentum Scores, serving as a comprehensive indicator for investors seeking stocks with attractive value, strong growth forecasts, and promising momentum [6] - The Zacks Rank, based on earnings estimate revisions, has shown significant success, with 1 (Strong Buy) stocks averaging a +25.41% annual return since 1988, outperforming the S&P 500 [8] Group 4 - Novavax, Inc. is a biotechnology company focused on developing vaccines for serious infectious diseases, currently holding a 3 (Hold) Zacks Rank with a VGM Score of B [12] - Novavax has a Momentum Style Score of A, with shares increasing by 8.7% over the past four weeks, and has seen upward revisions in earnings estimates for fiscal 2025 [13]