Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
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?
Momentum investors, who live by the saying “the trend is your friend,” are most interested in taking advantage of upward or downward trends in a stock’s price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
Brinker International (EAT)
Based in Dallas, TX, Brinker International owns, operates, develops and franchises various restaurants under Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) brands. The company took over Chili’s, Inc., a Texas corporation, in September 1983 and completed the acquisition of Maggiano’s in August 1995.
EAT boasts a Momentum Style Score of B and VGM Score of A, and holds a Zacks Rank #1 (Strong Buy) rating. Shares of Brinker International has seen some interesting price action recently; the stock is up 1.9% over the past one week and up 3.8% over the past four weeks. And in the last one-year period, EAT has gained 101.6%. As for the stock’s trading volume, 2,151,392.50 shares on average were traded over the last 20 days.
A company’s earnings performance is important for momentum investors as well. For fiscal 2025, eight analysts revised their earnings estimate higher in the last 60 days for EAT, while the Zacks Consensus Estimate has increased $0.31 to $4.78 per share. EAT also boasts an average earnings surprise of 211%.
With strong earnings growth, a good Zacks Rank, and top-tier Momentum and VGM Style Scores, investors should think about adding EAT to their portfolios.
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