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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Is This 1 Momentum Stock a Screaming Buy Right Now?
Different than value or growth investors, momentum-oriented investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
Lindsay (LNN)
Lindsay Corporation provides a variety of proprietary water management, and road infrastructure products and services. It maintains corporate offices in Omaha, NE. The company has been operating since 1955 and is one of the pioneers in the automated irrigation industry.
LNN is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of B. Shares are up 3.7% over the past one week and up 1.6% over the past four weeks. LNN has gained 10.7% in the last one-year period as well. Looking at trading volume, an average of 108,415.80 shares exchanged hands over the last 20 trading days.
Momentum investors don't just pay attention to price changes; positive earnings play a crucial role, too. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.75 to $6.57 per share. LNN boasts an average earnings surprise of 17.9%.
Investors should take the time to consider LNN for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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Lindsay Corporation (LNN) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).