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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.
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.
Range Resources (RRC)
Based in Fort Worth, TX, Range Resources is an independent oil and gas company engaged in the exploration, development and acquisition of oil and natural gas properties, primarily in the Appalachian Basin with principal area of operations is the Marcellus Shale in Pennsylvania.
RRC is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of B and VGM Score of B. Shares are up 0.6% over the past one week and up 4.7% over the past four weeks. RRC has lost 2% in the last one-year period as well. Looking at trading volume, an average of 3,342,833.75 shares exchanged hands over the last 20 trading days.
A company's earnings performance is important for momentum investors as well. For fiscal 2025, four analysts revised their earnings estimate higher in the last 60 days for RRC, while the Zacks Consensus Estimate has increased $0.08 to $3.29 per share. RRC also boasts an average earnings surprise of 21.4%.
Investors should take the time to consider RRC for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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Range Resources Corporation (RRC) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).