Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

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?

For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

Akamai Technologies (AKAM)

Akamai Technologies, Inc. is a global provider of content delivery network (CDN) and cloud infrastructure services.

AKAM boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Akamai Technologies has seen some interesting price action recently; the stock is up 1.1% over the past one week and up 0.7% over the past four weeks. And in the last one-year period, AKAM has lost 5.4%. As for the stock's trading volume, 1,409,403 shares on average were traded over the last 20 days.

Momentum investors don't just pay attention to price changes; positive earnings play a crucial role, too. Nine analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.16 to $6.43 per share. AKAM boasts an average earnings surprise of 4.7%.

AKAM should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.

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Akamai Technologies, Inc. (AKAM) : Free Stock Analysis Report

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