Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
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.
Booking Holdings (BKNG)
Norwalk, CT-based Booking Holdings Inc. is one of the largest online travel companies in the world. The company’s travel-related offerings cover hotel rooms, airline tickets, rental cars, vacation packages, cruises, “things to do” at customer destinations and travel insurance.
BKNG boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Booking Holdings has seen some interesting price action recently; the stock is up 0% over the past one week and up 6.6% over the past four weeks. And in the last one-year period, BKNG has gained 46.2%. As for the stock's trading volume, 177,633.95 shares on average were traded over the last 20 days.
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A company's earnings performance is important for momentum investors as well. For fiscal 2025, 11 analysts revised their earnings estimate higher in the last 60 days for BKNG, while the Zacks Consensus Estimate has increased $5.16 to $214.06 per share. BKNG also boasts an average earnings surprise of 18.6%.
Investors should take the time to consider BKNG for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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Booking Holdings Inc. (BKNG) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research