Reasons to Consider Subaru Corporation (FUJHY) as a Strong Momentum Stock Investment
Momentum Investing Overview: Momentum investing involves buying stocks that are trending upwards, with the expectation that they will continue to rise. The Zacks Momentum Style Score helps identify stocks with strong momentum characteristics.
Subaru Corporation's Performance: Subaru Corporation (FUJHY) has a Momentum Style Score of A and a Zacks Rank of #2 (Buy), showing strong price performance with a 37.37% increase over the past year, outperforming the S&P 500.
Earnings Estimates and Trading Volume: Recent earnings estimates for FUJHY have improved, with upward revisions contributing to a consensus estimate increase. The stock's average trading volume is also a positive indicator of its momentum.
Investment Recommendations: Zacks Investment Research highlights Subaru Corporation as a promising momentum pick, alongside other stocks that are expected to perform well in the near term, with previous recommendations showing significant gains.
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