Nasdaq: Are You Looking for a Top Momentum Pick? Why Amazon (AMZN) is a Great Choice

From Nasdaq:



Momentum investing involves following recent trends in a stock’s price, whether up or down. The Zacks Momentum Style Score helps investors determine which stocks to focus on. Amazon currently holds a Momentum Style Score of A and a Zacks Rank of #1 (Strong Buy), which indicates strong potential for future gains. The stock has shown positive price changes, with a 22.11% increase over the past quarter and an 83.6% increase in the last year. With a strong earnings outlook and increased estimates, Amazon appears to be a promising momentum pick for investors. The article concludes by recommending Amazon as a top stock to consider for potential short-term gains. Users are also encouraged to sign up for Zacks Investment Research for more recommendations.



Original: Are You Looking for a Top Momentum Pick? Why Amazon (AMZN) is a Great Choice