Momentum investing involves following a stock’s recent trend to buy high and sell even higher. The Zacks Momentum Style Score helps investors identify stocks with potential. Apple (AAPL) currently has a Momentum Style Score of A, with strong price performance and earnings estimate revisions. AAPL also has a Zacks Rank of #2 (Buy).

AAPL’s short-term price activity and industry comparisons show promise. Shares are up 7.18% in the past week, outperforming its industry. Over the last quarter and year, AAPL has risen 2.58% and 16.31% respectively, beating the S&P 500. The stock’s average 20-day trading volume is 54,882,804 shares.

Earnings estimates play a significant role in the Zacks Rank and Momentum Style Score. AAPL has seen positive revisions in estimates over the past two months, boosting consensus estimates for both the current and next fiscal year. With a #2 (Buy) stock rating and Momentum Score of A, AAPL is poised for potential growth.

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Read more at Nasdaq: Here’s Why Apple (AAPL) is a Great Momentum Stock to Buy