Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
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?
Different than value or growth investors, momentum-oriented investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
American Public Education (APEI)
American Public Education, Inc. is an online and campus-based postsecondary education provider. The company serves approximately 107,000 students through three subsidiary institutions:
APEI sits at a Zacks Rank #2 (Buy), holds a Momentum Style Score of B, and has a VGM Score of A. The stock is up 4.6% and up 32.1% over the past one-week and four-week period, respectively, and American Public Education has gained 162% in the last one-year period as well. Additionally, an average of 211,735.41 shares were traded over the last 20 trading sessions.
A company's earnings performance is important for momentum investors as well. For fiscal 2024, three analysts revised their earnings estimate higher in the last 60 days for APEI, while the Zacks Consensus Estimate has increased $0.08 to $0.62 per share. APEI also boasts an average earnings surprise of 125%.
Investors should take the time to consider APEI for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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American Public Education, Inc. (APEI) : Free Stock Analysis Report
