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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Is This 1 Momentum Stock a Screaming Buy Right Now?
For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
Edison International (EIX)
Incorporated in 1987, California-based Edison International (EIX) is the parent holding company of Southern California Edison (SCE) and Edison Energy.
EIX boasts a Momentum Style Score of A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Shares of Edison International has seen some interesting price action recently; the stock is down 5.3% over the past one week and up 0.2% over the past four weeks. And in the last one-year period, EIX has lost 24.1%. As for the stock's trading volume, 3,174,326.50 shares on average were traded over the last 20 days.
Momentum investors also pay close attention to a company's earnings. For EIX, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.25 to $6.01 per share for 2025. EIX boasts an average earnings surprise of 8.8%.
With strong earnings growth, a good Zacks Rank, and top-tier Momentum and VGM Style Scores, investors should think about adding EIX to their portfolios.
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Edison International (EIX) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).