Yahoo Finance Why Ball (BALL) is a Top Momentum Stock for the Long-Term
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.
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?
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.
Ball (BALL)
Headquartered at Broomfield, CO, Ball Corporation is one of the world’s leading suppliers of metal packaging to the beverage, personal care and household products industries. The company also provides aerospace and other technologies and services to governmental and commercial customers.
BALL sits at a Zacks Rank #3 (Hold), holds a Momentum Style Score of B, and has a VGM Score of A. The stock is down 1% and up 8.4% over the past one-week and four-week period, respectively, and Ball has gained 7.2% in the last one-year period as well. Additionally, an average of 2,140,969.75 shares were traded over the last 20 trading sessions.
Momentum investors also pay close attention to a company's earnings. For BALL, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0 to $3.16 per share for 2024. BALL boasts an average earnings surprise of 11.7%.
BALL 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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Ball Corporation (BALL) : Free Stock Analysis Report
