Yahoo Finance Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio
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.
Dun & Bradstreet (DNB)
Based in Short Hills, NJ, The Dun & Bradstreet Corporation is a leading provider of commercial information that serves a diverse set of customer needs globally. D&B reported revenues of $1.75 billion in 2017. Almost 83% of the revenues were derived from its operations in the Americas.
DNB is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of B and VGM Score of A. Shares are up 4.5% over the past one week and up 16.1% over the past four weeks. DNB has gained 6.5% in the last one-year period as well. Looking at trading volume, an average of 3,660,344 shares exchanged hands over the last 20 trading days.
A company's earnings performance is important for momentum investors as well. For fiscal 2024, two analysts revised their earnings estimate higher in the last 60 days for DNB, while the Zacks Consensus Estimate has increased $0.01 to $1.03 per share. DNB also boasts an average earnings surprise of 2.6%.
Investors should take the time to consider DNB for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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Dun & Bradstreet Holdings, Inc. (DNB) : Free Stock Analysis Report
