Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
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.
Nice (NICE)
NICE is dominating the customer experience (CX) domain thanks to an AI-powered cloud platform designed for AI-driven digital business solutions within the enterprise software industry.
NICE is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of A. Shares are down 4.4% over the past one week and up 7% over the past four weeks. NICE has lost 17.6% in the last one-year period as well. Looking at trading volume, an average of 386,389.41 shares exchanged hands over the last 20 trading days.
A company's earnings performance is important for momentum investors as well. For fiscal 2025, three analysts revised their earnings estimate higher in the last 60 days for NICE, while the Zacks Consensus Estimate has increased $0.02 to $12.25 per share. NICE also boasts an average earnings surprise of 3.2%.
Investors should take the time to consider NICE for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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Nice (NICE) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).