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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
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?
Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
Royal Philips (PHG)
Headquartered in Amsterdam, The Netherlands, Koninklijke Philips N.V. is the parent company of the Philips Group.
PHG boasts a Momentum Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Royal Philips has seen some interesting price action recently; the stock is down 5.8% over the past one week and up 0.5% over the past four weeks. And in the last one-year period, PHG has lost 8.1%. As for the stock's trading volume, 874,886.81 shares on average were traded over the last 20 days.
Momentum investors also pay close attention to a company's earnings. For PHG, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.13 to $1.66 per share for 2025. PHG boasts an average earnings surprise of 45.5%.
PHG should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.
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Koninklijke Philips N.V. (PHG) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).