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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
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?
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.
News Corp. (NWSA)
News Corporation is a global, diversified media and information services company. The company comprises businesses across a range of media: Digital Real Estate Services (16.76% of FY24 revenues): The segment consists of the company’s 61.4% interest in REA Group and 80% interest in Move (20% held by REA Group). REA Group advertises property and property-related services on its websites and mobile apps, including Australia’s leading residential, commercial and share property websites and property portals in India. Move is a leading provider of digital real estate services in the United States and primarily operates realtor.com.
NWSA sits at a Zacks Rank #1 (Strong Buy), holds a Momentum Style Score of A, and has a VGM Score of B. The stock is down 1.3% and up 2.3% over the past one-week and four-week period, respectively, and News Corp. has gained 16.3% in the last one-year period as well. Additionally, an average of 2,283,647.75 shares were traded over the last 20 trading sessions.
Momentum investors don't just pay attention to price changes; positive earnings play a crucial role, too. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.05 to $0.94 per share. NWSA boasts an average earnings surprise of 21.2%.
NWSA 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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News Corporation (NWSA) : Free Stock Analysis Report