Zacks Premium offers tools for confident stock market investing, including the Zacks Style Scores. These unique guidelines rate stocks based on value, growth, and momentum qualities, helping investors choose securities with the highest chances of outperforming the market. The VGM Score combines all three Style Scores for a comprehensive analysis.

The Zacks Rank, a stock-rating model, uses earnings estimate revisions to create a successful portfolio. Stocks with a #1 or #2 Rank and Style Scores of A or B have the highest likelihood of success. Illumina Inc. (ILMN), a life sciences company, is a #3 (Hold) on the Zacks Rank with a VGM Score of B, making it a stock to watch for momentum investors.

ILMN has a Momentum Style Score of A and shares are up 8.5% over the past four weeks. With two analysts revising earnings estimates upwards for fiscal 2024, the Zacks Consensus Estimate has increased to $1.33 per share. The stock boasts an average earnings surprise of 788.5%, making it a top pick for investors.

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Read more at Nasdaq: Why Illumina (ILMN) is a Top Momentum Stock for the Long-Term