INTU & RACE Are 2 of the Best Momentum Stocks to Buy Now – June 20, 2025
From Zacks Investment Research: 2025-06-20 16:12:00
Intuit Inc. (INTU) and Ferrari N.V. (RACE) are top momentum stock picks using the Driehaus strategy, focusing on price momentum and earnings strength. INTU has a Momentum Score of B with a 12.2% average earnings surprise over the last four quarters, while RACE holds a Momentum Score of A with a 10.8% average earnings surprise in the same period. The Driehaus strategy emphasizes investing in stocks that are increasing in price, with a positive 50-day moving average and strong earnings growth rates. Screening parameters include a Zacks Rank #1, EPS growth rates above 2%, and positive EPS surprises. Only 13 stocks meet these criteria, with INTU and RACE being the top picks.
Read more at Zacks Investment Research: INTU & RACE Are 2 of the Best Momentum Stocks to Buy Now – June 20, 2025